Canadian Underwriter

Departing AIG CEO commercial Doyle hired as president of Marsh

March 8, 2016   by Canadian Underwriter

Print this page Share

John Q. Doyle will be president of Marsh Inc. effective April 15, the New York City-based commercial brokerage announced Monday.

American International Group Inc. announced December 10 that Doyle – then chief executive officer for commercial insurance at AIG – would be leaving the company.

Doyle will report to Marsh CEO Peter Zaffino and will work out of New York City, Marsh stated.

 Commercial insurance brokerage Marsh Inc. will have a new president, John Q. Doyle, who is leaving American International Group Inc. as CEO commercial

In his new role, Doyle “will oversee Marsh’s global brokerage businesses,” Marsh stated, adding he will join both the executive committee of Marsh and the executive committee of Marsh’s parent company, Marsh & McLennan Companies Inc. Marsh & McLennan also owns: reinsurance intermediary Guy Carpenter & Company LLC; Mercer LLC, which provides consulting in human resources, employee benefits, pensions and mergers & acquisitions; management consultancy Oliver Wyman Group; and Encon Group Inc., a Canadian underwriting agent that provides professional liability and specialty insurance.

AIG announced Dec. 10 the members of its new leadership team who will report to AIG CEO Peter Hancock, who replaced Robert Benmosche in December, 2014. Benmosche died of lung cancer Feb. 27, 2015.

AIG’s new CEO commercial is Robert Schimek, while Seraina Maag is AIG’s CEO of regional management (for the Americas, Europe, Middle East, Africa and Asia Pacific) and operations. AIG said at the time the Doyle and three other executives would “leave the company after a period of transition.”

Marsh stated March 7 that Doyle “was responsible for AIG’s property, casualty, financial lines, specialty lines, institutional markets and mortgage guaranty products and services.”

Doyle is also a member of the board of the New York Police and Fire Widows’ & Children’s Benefit Fund. That organization said in a release last year that it provides assistance to the families of New York City police officers, firefighters and emergency medical services personnel – as well as police officers for the Port Authority of New York and New Jersey – who were killed in the line of duty.