AIG Appoints Kathleen Zortman as President & Chief Executive Officer of Private Client Group, General Insurance
NEW YORK--(BUSINESS WIRE)--Apr 5, 2019--American International Group, Inc. (NYSE:AIG) today announced that Kathleen Zortman will join the company as President & Chief Executive Officer of Private Client Group, General Insurance. Ms. Zortman will report to Peter Zaffino, Chief Executive Officer of AIG General Insurance and Global Chief Operating Officer, AIG, and serve as a member of the General Insurance Executive Leadership Team. Ms. Zortman will join AIG in the coming months following a transition period.
In this new role, Ms. Zortman will lead AIG’s global High Net Worth portfolio, with responsibility for strategy, underwriting and distribution for AIG’s private client business. Based in New York, she will also manage High Net Worth’s product lines, including personal auto, homeowners and umbrella policies.
“Kathleen is an industry leader with a proven track record of building successful businesses,” said Mr. Zaffino. “She will be an excellent addition to the General Insurance executive leadership team as we position our business to meet the evolving needs of our high net worth clients.”
“I am pleased to join AIG leading General Insurance’s Private Client Group business as we develop and deliver market-leading products and solutions to the high net worth client segment,” said Ms. Zortman.
Ms. Zortman joins AIG from QBE Insurance Group where she served as President of Property & Casualty, North America and oversaw the largest of QBE’s four business lines. Prior to QBE, she was Chief Field Executive of Fireman’s Fund Insurance from 2011 through 2015. Earlier in her career, she held leadership roles at Professional Risk Solutions, Johnson & Higgins, Deloitte and Chubb. In 2017, Ms. Zortman was recognized by Business Insurance ’s “Women to Watch.”
Ms. Zortman received an MBA from Suffolk University, and earned a Bachelor of Science, Finance and Marketing degree from Boston College.
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190405005213/en/
CONTACT: Matt Gallagher (Media): 212-458-3247;firstname.lastname@example.org
Liz Werner (Investors): 212-770-7074;email@example.com
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE
SOURCE: American International Group, Inc.
Copyright Business Wire 2019.
PUB: 04/05/2019 09:00 AM/DISC: 04/05/2019 09:01 AM