AIG

AIG Finalizes Agreement With Stone Point Capital to Form Private Client Select Insurance Services, an Independent MGA

Retrieved on: 
Wednesday, April 26, 2023
Asset Management, Professional Services, Insurance, Finance, International Marxist Group, PCG, American International Group, MGA, NYSE, AIG, PCS, Stone Point, High-net-worth individual

American International Group (NYSE: AIG) today announced that it has finalized its agreement with funds managed by Stone Point Capital LLC (Stone Point), a leading private equity firm focused on investing in businesses within the global financial services industry, to form Private Client Select Insurance Services (PCS), an independent Managing General Agency (MGA) to serve High Net Worth and Ultra High Net Worth markets.

Key Points: 
  • American International Group (NYSE: AIG) today announced that it has finalized its agreement with funds managed by Stone Point Capital LLC (Stone Point), a leading private equity firm focused on investing in businesses within the global financial services industry, to form Private Client Select Insurance Services (PCS), an independent Managing General Agency (MGA) to serve High Net Worth and Ultra High Net Worth markets.
  • As previously announced in February 2023, AIG’s Private Client Group (PCG) business will move to this new independent platform and be rebranded.
  • Subject to customary regulatory approvals, PCS is expected to begin producing business in the third quarter of 2023.
  • The terms of the transaction have not been disclosed.

Talent acquisition platform RAMP Global appoints HRTech heavyweight as Board advisor

Retrieved on: 
Monday, April 24, 2023
Software as a service, B2B, JP, AIG, HQ, Acquisition, HR, Management, Sales

London, April 24, 2023 /PRNewswire/ -- Talent acquisition platform RAMP Global has today announced the appointment of finance, strategy and corporate development executive Brad Collins as investor and Board advisor, as it bolsters its global senior team to support its ambitious growth plans.

Key Points: 
  • On the appointment of Collins, John Paul Caffery, founder and CEO of RAMP Global, commented: "We are delighted to add Brad to our Board at this exciting time for our business.
  • Collins added: "It's a pleasure to support the Board of RAMP Global, a business that is enjoying tremendous growth and playing an integral role connecting enterprise companies with talent in over 50 countries.
  • Finding and engaging top talent does not need to be limited to a company's home country, and RAMP Global is simplifying access to global talent through their SaaS-based recruitment platform.
  • RAMP Global offers a recruitment agency management platform to help employers manage staffing agencies more efficiently whilst saving significant costs.

Statement From AIG Chairman & CEO on the Passing of Former Board Member, Thomas F. Motamed

Retrieved on: 
Thursday, April 20, 2023
Professional Services, Insurance, Finance, International Marxist Group, Chairman Chiefs of Staff Committee, American International Group, CNA Financial, NYSE, AIG, Chubb Limited, Judgement, Management, Financial adviser

American International Group, Inc. (NYSE: AIG) today issued the following statement from Chairman & Chief Executive Officer Peter Zaffino on behalf of the AIG Board of Directors regarding the passing of Thomas F. Motamed, who served as a Director on the AIG Board from January 2019 to January 2023.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today issued the following statement from Chairman & Chief Executive Officer Peter Zaffino on behalf of the AIG Board of Directors regarding the passing of Thomas F. Motamed, who served as a Director on the AIG Board from January 2019 to January 2023.
  • “I am deeply saddened by Tom Motamed’s recent passing.
  • He served on the AIG Board of Directors since January 2019 and was a steady presence during a critical part of AIG’s turnaround and transformation,” said Peter Zaffino, Chairman & Chief Executive Officer.
  • On behalf of the entire AIG Board, we extend our deepest condolences to Tom’s wife, Christine, and to his children and grandchildren.”

Molly Hunter joins AXA XL as West Zone Client Relationship Leader

Retrieved on: 
Tuesday, April 18, 2023
Customer, Insurance, Business development, Partnership, AXA, Risk management, AIG, Axa XL, Big League World Series (Latin America Region), Growth, XL, Marsh, Reinsurance, Molly

NEW YORK, April 18, 2023 /PRNewswire/ -- AXA XL Insurance welcomes Molly Hunter as the newest member of its Client Relationship Management team in the Americas.

Key Points: 
  • NEW YORK, April 18, 2023 /PRNewswire/ -- AXA XL Insurance welcomes Molly Hunter as the newest member of its Client Relationship Management team in the Americas.
  • Ms. Hunter joins as Client Relationship Leader for the West Zone, assuming the role previously held by Steve Sanford, who is retiring.
  • Mike Soper, Head of AXA XL's West Zone, commented: "We are excited with the addition of Molly to the West Zone and fortunate to have such a talented and experienced new team member contributing to our continued growth in the West."
  • Ms. Hunter joins AXA XL from Everest Insurance where she served as Vice President of Sales and Distribution.

Beyond Life Sciences: Saama Announces New Brand, Astraa

Retrieved on: 
Monday, April 17, 2023
Software, Other Retail, Professional Services, Data Management, Technology, State, Local, Artificial Intelligence, Data Analytics, Retail, Insurance, Finance, Other Technology, Public Policy, Government, USAA, Health, Record, Multimedia, AIG, Public sector, Organization, Investment, Machine learning, Pedigree, Artificial intelligence, Knowledge, AI, Research, Chief services officer

View the full release here: https://www.businesswire.com/news/home/20230417005050/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230417005050/en/
    Saama ’s data analytics platform has streamlined and accelerated processes in the life sciences and other sectors for a quarter century.
  • Now, the company has unveiled a new brand, Astraa , to harness those efforts and continue to serve organizations in insurance, capital markets, consumer goods, healthcare, and public sector.
  • Astraa focuses on accelerating data-driven insights for better business outcomes while enabling domain-specific acumen to drive operational and financial efficiencies.
  • Rajeev Dadia, the Chief Services Officer at Saama, and Gopal Swaminathan, the Global Head for Astraa, will lead the team at Astraa.

Georgia State University Renames its Department of Risk Management & Insurance as the Maurice R. Greenberg School of Risk Science

Retrieved on: 
Thursday, April 13, 2023
Insurance, Maurice, American International Group, Education, Oklahoma Department of Insurance, Risk management, Georgia State University, The Starr Foundation, Public policy, Research, AIG, History, U.S. News & World Report, Organization, Student, Robinson College, Cambridge, J. Mack Robinson College of Business, Risk, University system, Starr Companies, Environment, News, Pharmaceutical industry, Tutoring, Management, Nursing, Business

Atlanta, April 13, 2023 (GLOBE NEWSWIRE) -- The University System of Georgia’s Board of Regents has approved renaming Georgia State University’s Department of Risk Management & Insurance as the Maurice R. Greenberg School of Risk Science .

Key Points: 
  • Atlanta, April 13, 2023 (GLOBE NEWSWIRE) -- The University System of Georgia’s Board of Regents has approved renaming Georgia State University’s Department of Risk Management & Insurance as the Maurice R. Greenberg School of Risk Science .
  • Maurice R. Greenberg is chairman of The Starr Foundation and chairman and CEO of Starr Insurance Companies.
  • Georgia State’s Maurice R. Greenberg School of Risk Science has been a leader in risk and insurance education and research for nearly 70 years.
  • 4 in the country, according to U.S. News & World Report, and the Maurice R. Greenberg School of Risk Science is ranked No.

MBG Holdings Appoints Jason Lohe and Paul Twitchel to Board of Directors

Retrieved on: 
Friday, March 31, 2023
Morgan Stanley, OTC Markets Group, Insurance, EBF, JPMorgan Chase, Major League Soccer, MES, Marketing, RIA, Compensated emancipation, AIG, Strategic planning, IntelliQuote Insurance Services, Audit committee, Sale, MGB, Athlete, Associate, United Cities and Local Governments, Sport, Management

AUSTIN, TX, March 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – MBG Holdings, Inc (OTC Pink: MBGH), holding company of Onepath Systems, LLC and AMR Resources, LLC, a leading telecommunications lifecycle company, today announced that the Company has appointed Jason Lohe and Paul Twitchel to its Board of Directors, effective immediately. They replace Jeremie Peterkin, who resigned as Chief Financial Officer, Treasurer and Director of MBG Holdings, Inc., and Angela Paxton, who resigned as a Board Director as well.

Key Points: 
  • They replace Jeremie Peterkin, who resigned as Chief Financial Officer, Treasurer and Director of MBG Holdings, Inc., and Angela Paxton, who resigned as a Board Director as well.
  • Both Mr. Twitchell and Mr. Lohe have been appointed to the Compensation Committee of the Board and the Audit Committee of the Board.
  • Chairman and CEO of MBG Holdings, Inc. James Frinzi, commented, “The Board and I welcome Paul Twitchell and Jason Lohe to MGB Holdings.
  • Both men are accomplished executives in the financial field, Paul as a strategist and trading veteran, and Jason as a serial entrepreneur, C-level executive, and financial advisor.

AIG Appoints Chris Colahan as Regional President, AIG Asia Pacific

Retrieved on: 
Thursday, April 13, 2023
Insurance, Professional Services, International Marxist Group, Berkshire Hathaway, UK, Europe and Africa Malankara Orthodox Diocese, American International Group, General insurance, Risk management, Multimedia, AIG, Bond University, RSA, Region, UK, NYSE, Commerce, Management

American International Group, Inc. (NYSE: AIG) today announced that Chris Colahan has been appointed Regional President, AIG Asia Pacific, and will join the company in the second quarter of 2023.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that Chris Colahan has been appointed Regional President, AIG Asia Pacific, and will join the company in the second quarter of 2023.
  • Previously, he served as Regional CEO for RSA Asia and CEO of RSA Asia’s Hong Kong and Singapore operations.
  • “It is a privilege to join AIG, an industry leader with world-class capabilities,” said Mr. Colahan.
  • AIG is known for delivering excellence in everything it does and I am confident we will successfully execute on the Asia Pacific strategy with precision and a focus on quality outcomes.”

AIG to Report First Quarter 2023 Financial Results on May 4, 2023 and Host Conference Call on May 5

Retrieved on: 
Wednesday, April 5, 2023
Professional Services, Insurance, Finance, International Marxist Group, American International Group, NYSE, AIG, Financial adviser, Broadcasting, Audit

American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2023, after the market closes on Thursday, May 4, 2023.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2023, after the market closes on Thursday, May 4, 2023.
  • AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com .
  • AIG will also host a conference call on Friday, May 5, 2023, at 8:30 a.m.
  • The live, listen-only webcast is open to the public and can be accessed in the Investors section of https://www.aig.com .

Spinnaker Names Charles Valinotti Chief Program and Underwriting Officer

Retrieved on: 
Tuesday, April 4, 2023
Professional Services, Business, Communications, Insurance, Consulting, Public Relations, Investor Relations, General Casualty Insurance, Knowledge, MGA, AIG, NYSE, Head, QBE, GEICO

Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO), today named Charles Valinotti as Spinnaker’s Chief Program and Underwriting Officer.

Key Points: 
  • Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO), today named Charles Valinotti as Spinnaker’s Chief Program and Underwriting Officer.
  • Valinotti joins Spinnaker to lead the company’s team of program underwriters, who are responsible for managing the carrier’s diverse portfolio of third-party programs.
  • Valinotti brings 30 years of experience, working across a variety of insurance products and roles that helped form a deep understanding of underwriting and program management.
  • “We are excited to tap into Charles’ incredible wealth of underwriting knowledge and program management experience,” said Spinnaker CEO Torben Ostergaard.