Insurance company AIG has appointed David McElroy as CEO of general insurance and executive vice president.
McElroy will lead the general insurance executive leadership team and join the AIG executive leadership team, reporting to Peter S. Zaffino, AIG’s president and global chief operating officer.
He joined AIG as president and CEO of Lexington Insurance Company in October 2018 and was promoted to president and CEO of North America, General Insurance in June 2019.
Before joining AIG, McElroy held numerous leadership roles within the insurance industry, including executive chairman of Arch Insurance Group and vice chairman of Arch Worldwide Insurance Group.
Zaffino said: “Dave has played an instrumental role in the turnaround of our general insurance business and the positioning of AIG as a market leader.
“I am pleased to announce this well-deserved promotion and look forward to continuing to work closely with Dave and our world-class general iInsurance leadership team as we continue to build momentum and deliver on our strategy to achieve underwriting excellence and profitable growth.”
McElroy said: “I am proud to lead our global colleagues in general insurance and build on our strong foundation. We remain laser focused on underwriting discipline and operational excellence, which allow us to solve complex risk issues and deliver value to our clients, distribution partners and other stakeholders.”