4 October 2016News

Hamilton appoints former AIG exec

Hamilton Insurance Group, the Bermuda-based property and casualty insurer, has appointed Seraina Maag as CEO of Hamilton USA.

Reporting to Brian Duperreault, chairman and CEO of Hamilton, Maag will be responsible for overseeing the development of Hamilton’s insurance platform in the US. She takes over from Bob Deutsch, who was acting CEO and chief strategy officer.

With over 25 years in the insurance and reinsurance industry, Maag’s career includes executive positions at AIG where, most recently, she was CEO and executive vice president of regional management and operations and was a member of AIG’s executive leadership team.

Prior to that, Maag was CEO and president of AIG EMEA with responsibility for 47 countries across Europe, Middle East and Africa.

Maag’s senior roles in the industry have included CEO of XL Insurance North America, president of Zurich North America commercial specialties business, and head of investor relations and rating agency management of Zurich Insurance Group.

“It’s a pleasure to welcome Seraina to Hamilton USA. We feel that the careful search we undertook for a CEO of our US operations has resulted in finding exactly the right candidate,” said Duperreault.

“In addition to her extensive US and international experience, Seraina understands the role that technology and data analytics must play in today’s insurance industry. With the launch of Attune, our joint venture with AIG and Two Sigma that focuses on the $80 billion SME segment, we can turn our attention to the rest of the US P&C market, estimated at $420 billion, as we work with Seraina to build out Hamilton’s US platform."