AIG revamps North America Commercial Insurance unit leadership structure

Core Insights - American International Group (AIG) has announced a new leadership structure for its North America Commercial Insurance division following the retirement of executive vice-president and CEO Don Bailey, effective at the end of the year [1][2] Leadership Changes - Don Bailey, who has over 40 years of experience in the insurance industry, has played a significant role in repositioning AIG's commercial business in North America and enhancing relationships with brokers and clients [2][3] - Allison Cooper and Barbara Luck will be promoted to co-presidents of Retail, while Lou Levinson will become president of Wholesale for North America Commercial, reporting directly to John Neal, who will assume the role of president of AIG [3][4] Future Direction - The new leadership structure is set to take effect on January 1, 2026, with confidence expressed in the ability of the new leaders to build on AIG's momentum in the marketplace [3][4] - AIG has also appointed Scott Hallworth as chief digital officer to lead its digital, data, and generative AI initiatives, indicating a focus on technological advancement within the company [4]