AIG recruits Allianz exec Ciara Brady as CUO for international casualty
AIG has hired Allianz’s global head of liability, Ciara Brady, as its new chief underwriting officer for international casualty, this publication has learned.
Brady, who is based in Zurich, has already started in the role and will report to AIG’s global CUO for casualty and professional lines, Lex Baugh, and CEO for international general insurance (GI), Jon Hancock.
She succeeds Patrick Mailloux, who has retired from the role only two years after joining AIG from Arch.
Brady spent three years at Allianz Global Corporate & Specialty as global head of liability, and similar to Mailloux, had previously been with Swiss Re. She served as head of casualty treaty global and international at Swiss Re by the end of her 10-year tenure with the company.
Brady began her career in 2001 at Chubb, where she served as underwriter for four years before moving to the Swiss reinsurer.
In her new role, Brady will be responsible for leading the strategic direction and objectives for international casualty underwriting, collaborating with claims, actuarial and other functions to enhance AIG’s underwriting strategy.
In a statement released by AIG, Baugh and Hancock highlighted Brady’s casualty underwriting experience and expertise.
“Ciara is an exceptional leader and brings tremendous casualty underwriting experience to the team. We look forward to her expertise as we deliver value and an enhanced customer experience around the world.”
Hancock became international GI CEO a year ago, after nearly four years as Lloyd’s director of performance management.