American International Group, Inc. promoted David McElroy to become president and CEO of its North America General Insurance operations.
McElroy joined AIG in September 2018 to become Lexington’s Head of Casualty. With his promotion, he’ll still oversee Lexington, plus AIG Risk Management (AIGRM), Financial Lines, Validus Specialty, Western World, Glatfelter and Programs. In addition, McElroy will also be responsible for the U.S., Bermuda and Canada underwriting and field operations of General Insurance.
McElroy is an insurance industry veteran. Before AIG, he held numerous leadership roles within the insurance industry, including Executive Chairman of Arch Insurance Group Inc. and Vice Chairman of Arch Worldwide Insurance Group.
McElroy will continue to report to Peter Zaffino, CEO General Insurance and Global Chief Operating Officer, AIG, and still serve as a member of the General Insurance Executive Leadership Team.
Zaffino, in prepared remarks, said that McElroy brings a “strong track record of leading profitable underwriting businesses” and “deep client relationships” to his new position.
In a related move, AIG also announced that Lou Levinson has been named President and CEO of Lexington. Levinson will continue to report to McElroy, with responsibility for the ongoing repositioning of the Lexington and its new strategy as an Excess & Surplus Lines market leader.