Global insurer American International Group (AIG) has appointed Duncan Ellis as Head of Retail Property, North America General Insurance, based in New York and reporting to Ken Riegler, President of North America General Insurance, Product & Field Management.
Ellis joins the firm in late September from global re/insurance broker Marsh, where he served as Managing Director leading the company’s U.S. property practice. For ten years, Ellis served as the senior executive for Marsh’s property practice in the U.S.
David McElroy, President and Chief Executive Officer (CEO), North America General Insurance, said: “Positioning AIG’s North American Retail Property business for sustained profitable growth reflects our commitment to underwriting excellence. Duncan’s recognized industry leadership and technical expertise in commercial property insurance ideally qualify him to lead our Property business moving forward.”
Commenting on his appointment, Ellis said: “I look forward to working with David, Ken and colleagues across North America General Insurance to lead and strengthen AIG’s critically important Retail Property team and portfolio.”
He started his insurance industry career as a P&C underwriter for The Chubb Group of Insurance Companies, before joining Marsh in 1992.
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.”