Market Overview

AIG Names Allison Barrett Head of Multinational, General Insurance

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American International Group, Inc. (NYSE:AIG) today announced it has appointed Allison Barrett as Global Head of Multinational, General Insurance. Ms. Barrett will join AIG on December 9 and will be based in New York reporting to Michael Price, Head of Global Service Businesses & Global Chief Operating Officer, General Insurance.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191118005455/en/

Allison Barrett, Head of Multinational, General Insurance, AIG (Photo: Business Wire)

Allison Barrett, Head of Multinational, General Insurance, AIG (Photo: Business Wire)

In this new role, Ms. Barrett will drive the execution of General Insurance's multinational strategic plan and lead the worldwide delivery of the company's multinational expertise and capabilities across product lines to AIG's global clients and distribution partners. Ms. Barrett's appointment builds on AIG's 80-year leadership in providing clients with global risk management expertise and risk transfer solutions.

"Our longstanding commitment to innovating products and services for our Multinational clients is a core part of AIG's differentiated value," said Mr. Price. "Allison's technical expertise in developing global risk transfer solutions and her track record of leading teams that deliver superior client service ideally qualify her to lead this vital organization."

"For many years, AIG's Multinational capabilities have been industry leading," said Ms. Barrett. "I am proud to join General Insurance and its highly-talented global Multinational team as we continue to create best-in-class solutions for our Multinational clients and broker partners."

Ms. Barrett joins AIG from Willis Towers Watson, where she served as Managing Director and Global Head of the company's financial institutions business within the financial, executive and professional risk specialty group (FINEX) since 2017, serving banks, asset managers, insurers, REITs and FinTech companies. Ms. Barrett joined Willis Towers Watson in 2013 as Senior Vice President, FINEX. Previously, Ms. Barrett was Vice President in Marsh's US Financial and Professional Liability Practice (FINPRO). Ms. Barrett began her career as a Legislative Assistant on Capitol Hill. She holds a B.A. from Trinity College and a J.D. from Brooklyn Law School.

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

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