Jeremy Johnson, a former insurance broker, has been named head of American International Group's surplus lines business.
Industry officials said the prompt decision confirms their view that AIG is moving aggressively to retain existing personnel and otherwise protect its highly profitable and market-leading Surplus Lines business from an anticipated aggressive move by Warren Buffet's Berkshire Hathaway into the line.
Johnson most recently served as Specialty Product Line Executive AIG Property Casualty in the U.S. and Canada. He was been with AIG since 2000. Prior to AIG Johnson was a D&O liability broker for Sedgwick Inc. and Marsh Inc.
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