shutterstock_151747964
31 May 2024 Insurance

Munich Re Specialty lands new chief claims officer from AIG

Munich Re Specialty Insurance, a subsidiary of global reinsurance group Munich Re, has brought on a top claims leader from AIG as its new chief claims officer in North America.

Peter Macdonald (pictured) has been appointed chief claims officer succeeding Mary Beth McClellan.

Macdonald, who has 20 years of primary insurance claims experience, comes from AIG where he led its North America general insurance casualty claims after joining the company in 2018 as head of workers’ compensation claims, North America GI. Prior to that, he served at The Hartford for 14 years, most recently as its vice president for workers’ compensation claims.

“After 5 great years with AIG, my time there came to a close last week,” Macdonald posted on LinkedIn. “I had the real privilege of working together with great minds and great people and I think we made some real and lasting improvements. I’m thankful for the claims and business leaders who entrusted this great organisation to me and for their guidance and support of our changes over the years. I’m thankful for so many internal and external business partners, who worked with us as a team through challenges.”

Macdonald continued: “And I’m thankful for the extraordinary casualty claims team, who are so devoted to the success of AIG and its customers, and who have taught me so much. It’s been fun to watch so many of you grow and you have a great future collectively and individually.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Technology
21 May 2024   Brazilian insurer adopts Munich Re Automation platform to streamline underwriting.
Reinsurance
13 May 2024   FY2024 earnings forecasts are now running as much as 30% above management guidance.
Reinsurance
23 April 2024   The P&C reinsurance combined ratio came in more than 4pts below consensus.