AIG has appointed Peter Bilsby as global head of specialty, a new role for the insurer.
Since 2016, Bilsby has served as CEO of insurance firm Talbot Group, which AIG acquired in July as part of its purchase of Validus Holdings. Bilsby will continue as CEO of Talbot until his successor is appointed.
In his new role at AIG, Bilsby will have responsibility for the global energy, marine, aviation and credit insurance lines businesses – which includes trade credit.
He will report to Christopher Townsend, CEO of AIG General Insurance International.
Before serving as CEO of Talbot, Bilsby was the company’s managing director and director of underwriting. He joined Talbot in 2009 as head of global aerospace from XL London Market. Prior to XL, he held the role of managing director of the aviation division of Markel International.
“I am very much looking forward to working with the team to build a market-leading global speciality business,” says Bilsby.