LIFETIME OF ACHIEVEMENT IN INSURTECH
MEET THE MAN CHAMPIONING CHANGE AT INSURER AIG
As the CEO of US insurance giant AIG , Peter Zaffino is committed to tackling climate change and being an ‘ ally ’ in the fight for equal pay
Peter Zaffino is Chairman and Chief Executive Officer at American International Group ( AIG ), one of the world ’ s largest insurance organisations covering property & casualty insurance , life insurance , retirement solutions and other financial services . Based in New York City , AIG is active in approximately 70 different countries and jurisdictions and its common stock is listed on the New York Stock Exchange .
Zaffino has been Chief Executive at AIG since March 2021 . He joined the business in July 2017 , initially in the role of Global Chief Operating Officer . At the time of his appointment , he was described by Brian Duperreault , his predecessor in the CEO role with whom Zaffino had worked at Marsh & McLennan , as “ one of the most talented executives operating in the insurance industry ” who brings “ deep insurance knowledge and expertise to the leadership team at AIG ”.
And so it has proven ; less than twoand-a-half years after taking up the COO role , Zaffino was also appointed to the role of President at AIG . In March 2021 , he succeeded Duperreault as Chief Executive Officer , taking over the role of Chairman of the Board in addition in January 2022 .
A vastly experienced insurance industry leader In the top job at AIG , he can draw on more than 30 years of experience in the insurance and reinsurance industry . He began his career serving several executive roles at marketleading companies , including a portfolio company of GE Capital that specialises in alternative risk insurance and reinsurance .
He then joined Guy Carpenter , a leading global risk and reinsurance specialist that is a subsidiary of Marsh , serving as President and CEO until 2011 . He then made the step up to become President and CEO at Marsh – a role he held for six years , staying with Marsh until he left to join AIG in 2017 .
PETER ZAFFINO TITLE : CEO COMPANY : AIG INDUSTRY : INSURANCE LOCATION : UNITED STATES
Peter Zaffino is Chairman and Chief Executive Officer at AIG . An experienced insurance industry leader , he has over 30 years ’ experience in the industry – including in senior roles at Guy Carpenter and Marsh . He holds a Bachelor ’ s in Economics from Boston College and an MBA in Finance from NYU Stern School of Business .
18 December 2023