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John Q. Doyle, a former senior executive at American International Group Inc., has been named to the newly created position of president of Marsh L.L.C., the brokerage announced Monday.
Mr. Doyle, who headed AIG's commercial property/casualty business, was one of the highest ranking AIG executives who left the insurer last December as AIG attempted to cut costs by cutting its top management ranks by more than 20%.
Mr. Doyle is to start at Marsh on April 15 and report to Peter Zaffino, CEO of Marsh and chairman of risk and insurance services. In his new role based in New York, Mr. Doyle will oversee Marsh's global brokerage businesses. He will join Marsh's executive committee as well as the executive committee of parent company Marsh & McLennan Cos. Inc.
In his previous role as CEO of AIG's commercial insurance businesses worldwide, Mr. Doyle was responsible for AIG's property/casualty business, financial lines, specialty lines, institutional markets, and mortgage guaranty products and services.
“In today's evolving and dynamic marketplace, John's appointment is evidence of our continued commitment to having the most talented people and broadest capabilities to position Marsh's business for the future,” Mr. Zaffino said in a statement.
Marsh L.L.C. on Thursday said it has appointed Sir Iain Lobban, the former director of the U.K. Government Communications Headquarters, the country's security and intelligence organization, as senior adviser on cyber risk.