AIG Names Eric Taylor As SVP, Independent Annuity and A & H Distribution

American International Group, Inc. AIG revealed Monday that it named Eric Taylor Senior Vice President, Independent Annuity and A & H Distribution. According to the insurance firm, Taylor would be responsible for offering tactical, as well as, strategic leadership for annuity sales through brokerage general agencies and independent marketing organizations, the sales distribution arm form its life and retirement unit. American International Group said that Eric is an industry veteran and would report to its EVP, AIG Financial Distributors, John Deremo, who commented, "He is a welcome addition as we look to further increase our management bench strength within these fast-growing businesses at AIG. I am confident Eric's leadership and knowledge will help us achieve AIG's ongoing commitment to be our distribution partners' most valued insurer." Taylor brings in over two decades of industry experience, joined AIG from Genworth Financial. At Genworth, he occupied a number of roles of increasing responsibility, including Sales Operations Leader, Marketing Strategy Leader and, most recently, National Sales Manager, Annuities. On Monday, the stock traded 0.18 percent down.