American International Group (AIG) has established AIG Global Marine and Energy, a new division of the AIG property and casualty insurance subsidiaries.

The AIG Companies' North American marine insurance underwriting operations have previously been handled by American International Marine Agency Inc (AIMA), a subsidiary of CV Starr & Co.

AIG Companies' said this agreement has now been cancelled.

AIG vice president Ralph Mucerino has been named president of the new division.

Richard Decker has joined the company as president of AIG Global Marine.

Mucerino said: "Consolidating AIG Global Marine with the existing AIG Global Energy Division will concentrate AIG's resources in these two important market sectors.

"AIG Global Marine and Energy will enhance our marketing and underwriting capability and take advantage of cross-selling opportunities, an important consideration to both our insureds and our brokers."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics