AIG has announced that Don Bailey has joined the company as Global Head of Distribution and Field Operations, effective immediately.
Bailey is an experienced operator, having held various senior roles across the insurance industry over the last three decades.
He joins from Bristlecone Partners, a growth and human capital consultancy firm, where he had been a Partner since 2017.
Before this, Bailey served as President of Global Sales at Marsh.
Earlier in his career, he acted as President of Allstate B2B and Chairman of Encompass, the mass affluent personal lines subsidiary of Allstate, and has also served as Chairman and CEO of Willis Towers Watson North America.
Bailey commented on his new appointment, stating, “I am honoured to join AIG and the world-class team of professionals Peter has led through an unprecedented turnaround and transformation in our industry.
“This is an exciting time for the company and I look forward to contributing to the important work being done to make AIG a company that delivers consistently strong financial results, and to increase its relevance in the marketplace by providing expertise and risk solutions that help clients make informed decisions.”
Peter Zaffino, Chairman & Chief Executive Officer, and to whom Bailey will report, said, “Over the last few years, we overhauled AIG’s underwriting strategy and risk management profile as we positioned AIG as a global market leader.
“Continuing to prioritise our value proposition to clients and distribution partners is essential as we reimagine what AIG can do in a rapidly changing environment that presents increasingly complex risks.
“Don brings a tremendous track record of successfully leading global businesses in the Insurance industry and achieving high quality outcomes for stakeholders. I look forward to working with Don again as we continue to focus on delivering top performing business results.”