NEW YORK--(BUSINESS WIRE)--Mar. 31, 2015--
American International Group, Inc. (NYSE:AIG) today announced that
Gaurav D. Garg has been named Chief Executive Officer, Personal
Insurance. Mr. Garg returns to AIG, where he held various personal
insurance roles for 12 years before joining Mercer. He will report to
Chief Executive Officer of Global Consumer Insurance, Kevin Hogan.
Mr. Garg will lead a strong team within Consumer Insurance and oversee
all aspects of the Personal Insurance business, including Auto, Personal
Accident, and Personal Property lines as well as service programs
including extended warranty and travel insurance products and services.
Mr. Garg rejoins AIG from Mercer, where he has served as President and
Senior Partner, Growth Markets Region as well as a member of the
Executive Committee since 2012. He was responsible for growing Mercer's
business across 22 countries in Asia, Japan, Middle East, Turkey,
Africa, and Latin America. Mr. Garg has more than 28 years of diverse,
well-rounded, and deep global insurance market experience.
“I’m delighted to welcome Gaurav back to AIG,” said Mr. Hogan. “Gaurav
is an insurance veteran with proven leadership skills and a diverse
global perspective. I am confident that under Gaurav’s leadership our
Personal Insurance business will continue to grow and thrive as a
critical part of Consumer Insurance and AIG.”
After first joining AIG in 2000, Mr. Garg held various management and
leadership positions across AIG’s Personal Line insurance business. In
2007, he was named Chief Executive Officer and Managing Director, Tata
AIG. In this role, he ensured that Tata AIG was one of the fastest
growing and profitable non-life insurance companies in India.
Mr. Garg has been a panelist and speaker at various industry forums
internationally. He holds a Masters in Business Administration from
Lucknow University and has completed the Advanced Management Program
from Wharton, University of Pennsylvania.
American International Group, Inc. (AIG) is a leading global insurance
organization serving customers in more than 100 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. AIG common stock is listed on the New York Stock Exchange
and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
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AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.
Source: American International Group, Inc.
AIG
Media:
Jon Diat, 212-770-3505
jon.diat@aig.com
Matt
Gallagher, 212-458-3247
matthew.gallagher2@aig.com
or
Investors:
Liz
Werner, 212-770-7074
elizabeth.werner@aig.com