People – Southeast

Aon Risk Solutions, the global risk management business of Aon, recently announced the addition of Christopher Cote as senior vice president in the Charlotte, N.C., office. In his new role, Cote will be responsible for providing clients with property/casualty insurance, risk management and health and benefits services.

American International Group has named Kevin Hogan as chief executive officer of AIG Global Consumer Insurance. Hogan, who previously had a 24-year career at AIG, is expected to formally rejoin AIG in early October.

Hogan was most recently CEO of Global Life, Zurich Insurance Group, and was a member of the Zurich Executive Committee. He will become a member of the AIG Executive Group and will report to Peter D. Hancock, CEO of AIG Property Casualty.

At the same time, AIG’s global life insurance manufacturing will become part of AIG Global Consumer Insurance.

Hogan started his career in 1984 at AIG with American International Underwriters (AIU) in New York, and subsequently held management positions in Chicago, Tokyo, Hong Kong, and Singapore. In 1998, he was appointed president of AIG’s Accident & Health Division in New York and was elected an AIG vice president in 2001.

In 2002, he also became chief operating officer of AIU.

In 2003, Hogan moved to Beijing to assume responsibility for AIG’s partnership with the People’s Insurance Company of China.In 2005, he became AIG’s senior life division executive for China and Taiwan, where he was responsible for AIA China and Nan-Shan.

In 2008, he returned to New York as AIG’s chief distribution officer for Foreign Life and Retirement Services.

Hogan joined Zurich in December 2008 as CEO, Global Life Americas. In this role, he led Zurich’s Life insurance business in North and South America, with accountability for Farmers Life and Zurich’s Latin America Life Operations. He became CEO, Global Life, in July 2010.

KKR & Co., the buyout firm run by Henry Kravis and George Roberts, hired former insurance executive Joseph Plumeri as a senior adviser to help find new deals and to work with portfolio companies.

Plumeri, ex-chief executive officer of Willis Group Holdings Plc, is joining the board of KKR-owned First Data Corp., New York-based KKR said in a statement. He will work to find and evaluate potential investments, KKR said.

KKR acquired brokerage Alliant Insurance Services Inc. from Blackstone Group LP last year. Other buyout firms have struck similar deals, including Hellman & Friedman LLC’s $4.4 billion announced buyout of Hub International Inc. last month, the largest takeover of a U.S. insurance broker on record.

Plumeri, 70, stepped down as CEO of Willis, the third- largest insurance broker, in January after 12 years in the post. He served as non-executive chairman of the London-based company until this past July.

Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Mike Martin as executive vice president and general manager, National Insurance Property.

Martin will lead a unit that provides property insurance, inland marine and equipment breakdown products to mid-sized and large accounts through agents and brokers.

Martin has 25 years of commercial property insurance experience. He started in property engineering and underwriting at Industrial Risk Insurance. Before joining Liberty Mutual, he handled risk transfer and loss prevention as senior vice president and North America chief property underwriter for XL insurance.

Topics New York China AIG