(Bloomberg) — American International Group Inc., the largest commercial insurer in the U.S. and Canada, promoted Michael Smith to chief operating officer of the division selling coverage to business clients.
Smith, 57, will report to John Q. Doyle, chief executive officer of global commercial insurance, the New York-based company said today in a statement. Smith most recently was president of global financial lines, a role that will be filled by James Shea, 48. Robert Thomas was named president of global specialty lines, Shea's previous post. Thomas, 62, had been COO of the commercial business.
"Mike, Jim, and Bob are experienced and highly effective executives," Doyle said in the statement.
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