Starr adds AIG exec to political risk group

Starr Companies, the global insurance and financial services firm, has announced that John Hegeman has joined its political risk group. Hegeman joins Starr with more than 40 years of experience managing global political risk and credit insurance business. He served as the senior vice president and global head of political risk insurance business for AIG property and casualty (P&C) for the last 25 years, managing underwriting teams in North America, UK and Asia.  Charles Dangelo, president and chief executive officer (CEO) Starr Indemnity & Liability Company, said: “John joins Starr’s political risk practice filled with seasoned experts boasting decades of experience analysing underwriting political risks.  “John’s expertise is an incredible addition to the depth of experience and unparalleled relationships of our team.” Maurice Greenberg, chairman and CEO of Starr Insurance Holdings, added: “We are committed to providing our clients around the world with access to the best-in-class resources to effectively mitigate exposures that arise.” Starr has a presence on five continents; through its operating insurance companies. Its insurance company subsidiaries are domiciled in the US, Bermuda, Hong Kong and Singapore each have an AM Best rating of “A” (Excellent).