AIG appoints new global head of multinational

AIG has appointed Allison Barrett as global head of multinational, general insurance. She is to join AIG on 9 December and will be based in New York. AIG said that in this new role, Ms Barrett “will drive the execution of general insurance’s multinational strategic plan and lead the worldwide delivery of the company’s multinational expertise and capabilities across product lines to AIG’s global clients and distribution partners”.

She joins AIG from Willis Towers Watson, where she served as managing director and global head of the company’s financial institutions business within the financial, executive and professional risk specialty group (FINEX) since 2017, serving banks, asset managers, insurers, REITs and fintech companies. She joined Willis Towers Watson in 2013 as senior vice-president, FINEX. Previously, she was vice-president in Marsh’s US financial and professional liability practice.

Ms Barrett said: “For many years, AIG’s multinational capabilities have been industry leading. I am proud to join general insurance and its highly talented global multinational team as we continue to create best-in-class solutions for our multinational clients and broker partners.”

Ms Barrett will report to Michael Price, head of global service businesses and global chief operating officer, general insurance. “Our longstanding commitment to innovating products and services for our multinational clients is a core part of AIG’s differentiated value. Allison’s technical expertise in developing global risk transfer solutions and her track record of leading teams that deliver superior client service ideally qualify her to lead this vital organisation,” said Mr Price.