American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) lines unit, Lexington Insurance Co. in Boston.
Johnson replaces David Bresnahan, who left AIG Friday with three other AIG executives to work for Berkshire Hathaway.
Johnson will report to Robert Schimek, who was named president and chief executive officer of AIG Property Casualty’s Americas region earlier today, replacing Peter Eastwood, who also went to Berkshire Hathaway.
AIG said the Johnson appointment is immediate and he will be based in Boston.
Johnson most recently served as Specialty Product Line Executive, U.S. & Canada, for AIG Property Casualty, overseeing business lines including aerospace, marine, environmental, SME, trade credit, political risk and surety.
With AIG since 2000, Johnson has had underwriting, sales, and managerial roles, including president of Cat Excess Liability, a division of Lexington Insurance; and regional vice president for Commercial Property Casualty, Midatlantic region. He also spent several years in various roles in the Boston office of AIG Property Casualty.
Prior to joining AIG, Johnson was a director and officers liability broker for Sedgwick Inc. and Marsh Inc.
The appointment of Johnson came just days news broke of the four departing executives: Eastwood, CEO of AIG Property Casualty in the Americas; Bresnahan, president of AIG’s excess and surplus unit, Lexington Insurance; Sanjay Godhwani, president for Latin America and the Caribbean for AIG Property Casualty; and David Fields, head of global casualty for AIG.
AIG has moved quickly to fill the vacancies, naming Alexander Baugh to replace Fields as head AIG’s global casualty business, along with the Schimek and Johnson appointments.
The company is still considering candidates for Godwani’s position for Latin American and Caribbean operations.
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