Ellis joins AIG from Marsh, where he led the broker’s US property practice

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AIG has named Duncan Ellis to lead retail property within its North American general insurance business.

He joins AIG in late September from Marsh, where he served as a managing director leading the broker’s US property practice.

Ellis will focus on diversifying the company’s property portfolio, AIG said, and implementing consistent underwriting practices in the US, Bermuda and Canada that are aligned with AIG’s overall risk appetite.

For a decade, Ellis served as the senior executive for Marsh’s property practice in the US, overseeing a portfolio of large global risk management clients and middle market accounts.

He will be based in New York and report to Ken Riegler, AIG’s president for North America general insurance, product and field management.

“Positioning AIG’s North American retail property business for sustained profitable growth reflects our commitment to underwriting excellence,” said David McElroy, president and CEO, North America general insurance.

“Duncan’s recognized industry leadership and technical expertise in commercial property insurance ideally qualify him to lead our property business moving forward.”

Ellis said: “I look forward to working with David, Ken and colleagues across North America general insurance to lead and strengthen AIG’s critically important retail property team and portfolio.”

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