Marsh property leader Duncan Ellis leaves to join AIG North America

American International Group (AIG) has appointed Duncan Ellis as head of retail property, North America general insurance.

Ellis will lead general insurance’s North American retail property business with a focus on diversifying the company’s property portfolio and implementing consistent underwriting practices in the US, Bermuda and Canada. He will be based in New York and report to Ken Riegler, president of North America general insurance, product & field management.

Ellis will join AIG in late September from Marsh, where he served as managing director leading the US property practice. For a decade, he served as the senior executive for Marsh’s property practice in the US, overseeing a portfolio that encompassed large global risk management clients and middle market accounts.

He began his insurance career as a property and casualty underwriter for The Chubb Group of Insurance Companies, prior to joining Marsh in 1992.

“Positioning AIG’s North American Retail Property business for sustained profitable growth reflects our commitment to underwriting excellence,” said David McElroy, president and chief executive officer, North America general insurance. “Duncan’s recognised industry leadership and technical expertise in commercial property insurance ideally qualify him to lead our Property business moving forward.”

Riegler added: “Duncan’s vast industry relationships and significant executive leadership experience will enhance our commercial property insurance business. I look forward to welcoming Duncan to AIG and working with him to deliver value, service and innovation to our clients.”

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