United States Aviation Underwriter Inc. (USAU), the manager of the United States Aircraft Insurance Group (USAIG), announced that David McKay, chairman and chief executive officer, plans to retire after nearly 40 years with the company. McKay’s retirement will be effective April 3, 2017. At that time, John Brogan will become president and chief executive officer.
McKay started his career in 1978 at Aerospace Management Services International, a former subsidiary of USAU. He began his underwriting career with USAU in New York in 1982. McKay assumed increasing levels of responsibility in his 39 years with the company. He was promoted to executive vice president and chief underwriter in 2005, president and chief operating officer in 2006, chief executive officer in 2011, and chairman in 2016.
In addition, McKay served as president of The Wings Club (2010-11) and is active in numerous organizations that promote aviation scholarship and aviation safety. He also served as a pilot in the United States Air Force.
Under McKay’s stewardship, USAIG launched Performance Vector and Performance Vector PLUS, two industry-leading safety initiatives. Performance Vector is a collection of aviation safety services and training programs, while Performance Vector PLUS is a program to reward business aviation operators who avoid losses while meeting safety standards.
Brogan joined USAU in 1997 and has held various positions of responsibility over the years, including oversight of global general aviation underwriting operations. He was named executive vice president of USAU in 2015, and in 2016 was appointed president and chief operating officer responsible for all underwriting and claims operations. Brogan currently serves on the Flight Safety Foundation’s Business Advisory Committee and is a Certified Aviation Insurance Professional.
USAIG is a subsidiary of General Re Corp., a Berkshire Hathaway company
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