US International Group Inc. said Tuesday that it has promoted David McElroy, President and CEO of his Lexington Insurance Co. unit, to the new position as President and CEO of North America's General Insurance business.
Mr. McElroy, whose appointment is immediate, continues to report to Peter Zaffino, CEO's insurance consultant and global managerial specialist.
Mr. McElroy will continue to monitor Boston-based Lexington, as well as AIG risk management, financial lines, Validus Specialty, Western World, Smooth Fields and Programs, and will also oversee insurance insurance and field operations in the US, Bermuda, and Canada.
Lou Levinson, who joined AIG as the principal of Lexington in September 201
Mr. McElroy joined AIG in 2018. He was formerly executive chairman of the Arch Insurance Group and vice president of Arch Worldwide Insurance Group, insurance units in Hamilton, Bermuda-based Arch.
Prior to joining Arch, he was executive at Hartford Financial Services Group Inc. and at the center of a poaching dispute between the two insurance companies after joining Arch 2009.