AIG is bringing on a former Berkshire Hathaway Specialty Insurance executive in a leadership role. Allied World Assurance Company Holdings named a new executive in Australia. Lockton hired an executive who will join its employee benefits team.
A former executive with Berkshire Hathaway Specialty Insurance is joining American International Group as its new chief underwriting officer for General Insurance.
Tom Bolt will be tasked with developing a global framework for underwriting standards, authority and structure that is in sync with AIG’s overall risk appetite. He’ll report to Peter Zaffino, AIG’s chief executive officer, General Insurance, and serve as a member of the General Insurance executive leadership team.
Bolt will join AIG officially in January 2018.
Bolt is a 30-year insurance and reinsurance industry veteran who was most recently at Berkshire Hathaway Specialty Insurance, where he was president and CEO of the U.K. and Southern Europe and also a member of Berkshire Hathaway International Insurance Ltd.’s board of directors.
Before that, Bolt was director of Performance Management at Lloyd’s of London and managing director of the Marlborough Managing Agency at Lloyd’s. Previous to Lloyd’s, Bolt was at Berkshire Hathaway for 25 years in a number of senior executive roles.
Allied World Assurance Company Holdings named Iain MacLeod as senior vice president, country manager, Australia.
MacLeod will report to Michael Garrison, president, Asia-Pacific.
MacLeod has been with Allied world since 2012. Before that, he spent 23 years at Marsh, where he held senior positions in London, Bermuda and New York. Those jobs included responsibilities in a number of business lines and also for product and business development.
Lockton is bringing Michael Garner onto its Employee Benefits team as a vice president and producer in the Hartford, Conn., operation.
Garner has more than 10 years of experience as an employee health and benefits producer and consultant, working with companies to help them attract and retain employees through market-leading benefit programs.
In his new role, he will be responsible for generating new client relationships and will provide oversight and leadership to ensure client satisfaction and overall retention. While his primary focus will be employee benefits, he will aim to broaden his client relationships by facilitating introductions to Lockton’s property and casualty and financial service practices.
Before joining Lockton, Garner was a principal with Ovation Benefits (now OneDigital Health and Benefits). He has also been a sales representative at Rogers Benefit Group and at Liberty Mutual Insurance.
Lockton is a privately held, independent insurance broker.
Sources: AIG, Allied World, Lockton