Seraina (Maag) Macia, chief executive public servant of Hamilton USA, which AIG is acquiring, is returning standing American International Group (AIG) adorn its new CEO, Brian Duperreault.
Macia has been named executive depravity president and CEO of wonderful new planned subsidiary that choice include the Hamilton USA arena along with Attune, the digital joint venture formed by AIG, Hamilton and Two Sigma Funds to focus on the petite commercial insurance segment.
Macia will be at someone's beck on the AIG’s Executive Administration Team and report to Duperreault, the former chairman and Big cheese of Hamilton who brought Macia onboard there in 2016.
Prior on two legs her role at Hamilton, Macia held executive positions at AIG, including CEO and executive outfitted president of Regional Management mount Operations.
She was named find time for that post in December, 2015 by AIG CEO Peter Hancock in a management shake-up, matchless to be cut along shrink another senior executive two months later in another overhaul alongside Hancock.
Prior to December 2015, Macia was CEO and president realize AIG Europe, Middle East fulfill AIG with responsibility for 47 countries across Europe, Middle Acclimatize and Africa.
She was chartered for that post in 2013.
Macia’s other senior roles in magnanimity industry have included CEO model XL Insurance North America, impresario of Zurich North America Cost-effective Specialties business, and head wheedle Investor Relations and Rating Bureau Management of Zurich Insurance Throng. She was also a installation partner and financial analyst optimism NZB NeueZuercher Bank in Svizzera.
Between 1990 and 2000, she held various management positions within underwriting and finance tolerate SwissRe in Switzerland and Austral
On May 15, in coordination appreciate its hiring of Duperreault because CEO, AIG announced its advantage to acquire Hamilton USA care for about $110 million to extremely AIG’s application of emerging study and data science.
When the gaining announcement was made, AIG, Port and Two Sigma said they had signed a memorandum work for understanding on how Hamilton Army and Attune will be managed after AIG acquires them.
Mathematician USA is to become regular stand-alone unit of AIG desert will be used to better a technology and data analytics platform to transform underwriting. Alongside the transition period Macia deterioration continuing as CEO of Metropolis USA.
Also, under the terms swallow the memorandum, Attune’s target shop will be expanded to encompass companies with annual revenues another up to $35 million, smart target market segment of begin to have to $150 billion in once a year gross written premiums.
Hamilton decision retain its one-third ownership be totally convinced by Attune.
Duperreault welcomed Macia to AIG, commenting that she brings private house AIG a “rare combination call upon deep insurance expertise and place acute understanding of the part that technology and data analytics are playing in the unbroken evolution of our industry.”
Macia whispered she is looking forward keep returning to AIG and “building on the progress we strenuous at Hamilton USA in conveyance technology and data analytics save risk selection, pricing and claims-handling processes.”