American International Group announced that Joseph J. Trotti has joined the company as President and CEO of its Aerospace division, part of AIG’s Global Specialty business.
He takes over responsibility for all aspects of AIG’s Aerospace business, and “will be instrumental in driving the division’s growth in the Asia Pacific region, Canada, Continental Europe, and Latin America,” the bulletin said. Trotti was Executive Vice President of AIG’s Aerospace business, before leaving the company in 2002.
Jim Shea, President, Global Specialty, AIG, welcomed Trotti back to the group, noting that he is “a respected authority in Aerospace insurance with deep experience on both the brokerage and underwriting sides. His ability to build global businesses and develop innovative client solutions will ensure strong leadership as we continue to expand this important business.”
Trotti has more than 27 years of experience in the industry. Most recently, he served as CEO of Global Specialties at Willis, the global insurance broker, where he was based in London and responsible for the Aerospace, Marine, Energy, Finex, Construction, and Financial Solutions businesses. He will continue to be based in London for AIG.
Earlier for Willis in New York, Trotti was National Partner of North American-based Global Specialties, and CEO of the North American Aerospace business. He also served as Senior Vice President in the Aerospace operations of the ACE Group.
Source: American International Group