AIG announced John Hancock has been appointed CEO of International General Insurance, effective Spring 2020.
In his new role he will lead the international operations of AIG’s General Insurance business and will report to Peter Zaffino, president and global chief operations, AIG and CEO of General Insurance. Hancock will also serve on the General Insurance Executive Leadership team.
Hancock will be joining the business from Lloyd’s of London where he worked since 2016 as director of performance management, tasked with the responsibility for overseeing performance and risk management globally across the Lloyd’s market.
Prior to Lloyd’s of London, Hancock served at RSA for 26 years in numerous roles of increasing responsibility, including managing director, UK commercial and global broker relationship director. Additionally, he has also served as RSA’s CEO for Asia, Middle East and Africa and held chief underwriter and risk roles in both developed and emerging markets.
Commenting on the appointment, Zaffino said: “Jon is a seasoned executive and industry leader recognized for his track record of underwriting excellence and delivering strong financial results. Jon’s deep technical expertise and significant international operating experience ideally qualify him for this important leadership role.”
Hancock said: “I am pleased to join AIG as the company continues its remarkable progress towards being a top performing company. I look forward to working with AIG’s talented colleagues around the world to enhance the value we deliver to clients as we position the company for sustained profitable growth.”