AIG executives depart News

AIG’s Barone Joins Beazley’s Fidelity and Crime Insurance Unit

Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients against crimes. Barone joins the fidelity bond and crime team …

AIG Names Johnson to Succeed Bresnahan as Lexington Insurance President

American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) lines unit, Lexington Insurance Co. in Boston. Johnson replaces David Bresnahan, who left AIG Friday with three other AIG …

‘Business As Usual’ Following Departures of AIG Execs

American International Group (AIG) has no intention of changing its excess and surplus lines business following the departure of four of its key commercial lines executives for Berkshire Hathaway. “It’s business as usual,” said spokesperson Matthew Gallagher, speaking about AIG’s …