AIG’s Benmosche Receives Leadership Award in N.Y.

St. John’s University’s School of Risk Management (SRM) held its 19th annual “Insurance Leader of the Year” award dinner on Jan. 15 before a crowd of more than 1,400 in New York City.

Robert H. Benmosche, president and CEO of American International Group, was named the 2013 Insurance Leader of the Year at the event. Proceeds from the dinner, which raised more than $2 million for the fourth consecutive year, support the university’s SRM program through scholarships for St. John’s students.

“The miracle at AIG and what’s happened is the result of all of the people of this company pulling together to succeed. I couldn’t have done this alone. I share this honor with the 63,000 employees who represent AIG today,” said Benmosche during his acceptance speech.

Benmosche was appointed as AIG’s president and CEO by the U.S. Department of Treasury and AIG Board of Directors in 2009.

Peter Hancock, CEO, AIG Property Casualty, served as honorary chairman of the dinner.

“Bob has had an extraordinary career worthy of recognition in its own right. However, it is his work at AIG that earns him, not only special recognition in the form of our Leader of the Year award, but also the gratitude of our industry and our country,” said Brian Duperreault, former CEO of Marsh & McLennan Cos. and chairman of the SRM board of overseers.