Posted on 05 Feb 2013 by Neilson
American International Group, Inc. (AIG) announced that Joseph J. Trotti has joined the company as President and CEO of its Aerospace division, part of AIG's Global Specialty business.
Mr. Trotti is responsible for all aspects of AIG's market-leading Aerospace business and will be instrumental in driving the division's growth in the Asia Pacific region, Canada, Continental Europe, and Latin America. Mr. Trotti was Executive Vice President of AIG's Aerospace business, before leaving the company in 2002.
"We are extremely pleased that Joe is returning to AIG to lead this business," said Jim Shea, President, Global Specialty, AIG. "Joe is a respected authority in Aerospace insurance with deep experience on both the brokerage and underwriting sides. His ability to build global businesses and develop innovative client solutions will ensure strong leadership as we continue to expand this important business."
Mr. Trotti has more than 27 years of experience in the industry. Most recently, he served as CEO of Global Specialties at Willis, the global insurance broker, where he was based in London and responsible for the Aerospace, Marine, Energy, Finex, Construction, and Financial Solutions businesses. Mr. Trotti will remain in London for AIG.
Earlier for Willis in New York, Mr. Trotti was National Partner of North American-based Global Specialties, and CEO of the North American Aerospace business. He also served as Senior Vice President in the Aerospace operations of the ACE Group.
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.