People – South Central
American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) lines unit, Lexington Insurance Co. in Boston.
Johnson replaces David Bresnahan, who left AIG along with three other AIG executives to work for Berkshire Hathaway.
Johnson will report to Robert Schimek, who was named president and chief executive officer of AIG Property Casualty’s Americas region, replacing Peter Eastwood, who also went to Berkshire Hathaway.
AIG said the Johnson appointment is immediate and he will be based in Boston.
Johnson most recently served as specialty product line executive, United States and Canada, for AIG Property Casualty, overseeing business lines including aerospace, marine, environmental, SME, trade credit, political risk and surety.
With AIG since 2000, Johnson has had underwriting, sales, and managerial roles, including president of Cat Excess Liability, a division of Lexington Insurance; and regional vice president for Commercial Property Casualty, mid-Atlantic region. He also spent several years in various roles in the Boston office of AIG Property Casualty.
Prior to joining AIG, Johnson was a director and officers liability broker for Sedgwick Inc. and Marsh Inc.
The appointment of Johnson came just days after news broke of the four departing executives: Eastwood, CEO of AIG Property Casualty in the Americas; Bresnahan, president of AIG’s excess and surplus unit, Lexington Insurance; Sanjay Godhwani, president for Latin America and the Caribbean for AIG Property Casualty; and David Fields, head of global casualty for AIG.
AIG has moved quickly to fill the vacancies, naming Alexander Baugh to replace Fields as head AIG’s global casualty business, along with the Schimek and Johnson appointments.
The company is still considering candidates for Godwani’s position for Latin American and Caribbean operations.
Twenty insurance and risk management students at five Texas universities were recently awarded a total of $23,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation.
The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the University of Texas at San Antonio and the University of Houston Downtown.
ICT scholarship recipients at Huston-Tillotson are Deon Howard, Chasity Hattley and Chardonnay Nicholas.
The ICT scholarship recipient at Texas Southern University is Tashina Taylor.
ICT scholarship recipients at the University of Texas Pan American are Alessandra Barrica, Roel Navarro, Bertha Rodriguez, Francisco Saenz and Hiteshu Bhakta.
ICT scholarship recipients at the University of Texas at San Antonio are Blanco Coronado, Sarah Fishburn, Joseph Fodero, Lufang Liu and Jean Yves Nguessan.
ICT scholarship recipients at the University of Houston Downtown are Anna Berry, Mohamed Diarra, Justin Gonzalez, Stacy Massey, Thien Nguyen and Manuel Solano.
Each student received a scholarship as well as an invitation to attend ICT’s annual Mid-Year Symposium in Austin where approximately 300 insurance industry leaders gather to hear an update on the Texas marketplace.
Each year, 100 percent of the Mid-Year Symposium sponsorships, company and individual donations go toward the ICT scholarships and academic funding. Since the program began in 2002, the Insurance Council of Texas Education Foundation has awarded approximately $600,000 to 283 insurance and risk management students at 10 Texas universities.
Gary Shaw has been named national sector leader for insurance at Deloitte, succeeding Rebecca Amoroso, who is retiring. Shaw’s career at Deloitte spans 25 years. He has held a number of leadership roles, including northeast insurance regional sector leader, and was a member of the National Insurance Management Committee.
Amoroso, who served as national sector leader for insurance for seven years, will retire from Deloitte in June.