Kathleen Zortman joins AIG as president, CEO of private client group

The exiting QBE Insurance Group executive will soon join AIG after a transition period.

In this new role, Zortman will lead AIG’s global High Net Worth portfolio, with responsibility for strategy, underwriting and distribution for AIG’s private client business. (Photo: AIG)

American International Group Inc. (AIG) announced that Kathleen Zortman will join the company as president and CEO of its Private Client Group, General Insurance, and serve as a member of the General Insurance executive leadership team.

She will join AIG in the coming months following a transition period.

Zortman joins AIG from QBE Insurance Group, where she served as president of property & casualty, North America and oversaw the largest of QBE’s four business lines. Prior to QBE, she was chief field executive of Fireman’s Fund Insurance from 2011 to 2015.

“I am pleased to join AIG leading General Insurance’s Private Client Group business as we develop and deliver market-leading products and solutions to the high net worth client segment,” said Zortman in a press release.

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‘An industry leader’

In this new role, Zortman will lead AIG’s global High Net Worth portfolio, with responsibility for strategy, underwriting and distribution for AIG’s private client business. Based in New York, she will also manage High Net Worth’s product lines, including personal auto, homeowners and umbrella policies.

“Kathleen is an industry leader with a proven track record of building successful businesses,” said Peter Zaffino, CEO of AIG General Insurance and global chief operating officer, AIG, in a press release. “She will be an excellent addition to the General Insurance executive leadership team as we position our business to meet the evolving needs of our high net worth clients.”

Related: People on the move in the P&C insurance industry: March 29, 2019