2022 Women to Watch Awards Americas EMEA
Nora Hattauer Head of management liability, national accounts, financial lines
American International Group Inc.
Atlanta
Insurance may have been Nora Hattauer’s destiny.
“My whole family is actually in insurance. As much as I thought I would buck the trend and do something different, it was probably a foregone conclusion that I would end up in insurance,” she said.
With a father working as a broker on New York’s Long Island and a sister also in the insurance industry, there was no shortage of exposure to the business. When she graduated in 2001, management liability was a smaller, growing market and it seemed like a good place to specialize.
With an economics degree from American University in Washington, she moved back to New York and worked a year and a half at The St. Paul Cos. Inc. and then three years at Chubb Ltd. before moving to Atlanta to join AIG.
“I began looking for something else because I was ready to learn and keep growing,” Ms. Hattauer said. “Then I got to AIG. I’ve been here 17 years, and I tell people, ‘You don’t get bored at AIG.’ It’s a good place if you want to be continually challenged.”
Prior to her current role, Ms. Hattauer had been chief underwriting officer for AIG’s public company division.
She has watched the directors and officers liability insurance market and more generally the management liability sector grow with many more markets now involved.
“My whole career has essentially been in public D&O and management liability lines,” she said. At the start of her career, the two main insurers offering the coverage were Chubb and AIG.
“That’s what’s changed,” she said. “There are now more than two leading primary D&O carriers. There is a much greater diversity of capacity and number of carriers involved versus when I started, when it was much more niche.”
Michael D. Price, CEO, North America, general insurance, for AIG in New York, said Ms. Hattauer’s division is a “cornerstone franchise of our North American Commercial business.”
“Over the past two years, Nora has demonstrated tremendous leadership as AIG has repositioned this portfolio, under her oversight, and restored profitability,” he said.
