AIG Names Nancy Bewlay as Global Chief Underwriting Officer to Drive Strategic Growth

Quick Summary

American International Group has appointed Nancy Bewlay as Global Chief Underwriting Officer to lead its worldwide underwriting strategy. This strategic hire aims to enhance underwriting excellence and risk management discipline across AIG’s global operations, leveraging Bewlay’s 30 years of industry experience to drive profitable growth and portfolio stability.

How does Nancy Bewlay’s appointment impact AIG’s underwriting excellence?

Underwriting excellence serves as the cornerstone of AIG’s long-term strategy to maintain a disciplined risk appetite. By appointing Nancy Bewlay, a veteran with over 30 years' experience, AIG is signaling a commitment to technical precision and portfolio management analytics. Bewlay will oversee the global underwriting organization, ensuring that best practices are standardized across more than 200 countries and jurisdictions where the firm operates.

• Strategic Oversight: Direct responsibility for global underwriting strategy and management.
• Technical Leadership: Implementation of advanced pricing and risk analytics at scale.
• Executive Influence: Bewlay joins the Executive Leadership Team, reporting directly to CEO Eric Andersen.

What results has Nancy Bewlay delivered in previous leadership roles?

Nancy Bewlay joins AIG following a successful tenure at AXA Group, where she served as Group Chief Underwriting & Pricing Officer. During her time there, she was instrumental in building the Group Underwriting Office and managing complex reinsurance strategies. Her career spans leadership positions at Swiss Re and C.V. Starr, providing her with deep insights into various market cycles and casualty underwriting.

“Nancy Bewlay is a deeply technical and experienced insurance executive with a distinguished track record of advancing underwriting excellence and building high-performing global underwriting teams. Her experience leading underwriting organizations during several market cycles, combined with her ability to strengthen portfolio management and risk analytics at scale, will be a tremendous asset to AIG. I am pleased to welcome Nancy to AIG, and I look forward to working closely with her to accelerate our strategy, deepen our relevance with clients and partners, and further strengthen the global insights and capabilities we bring to support them around the world.” said Eric Andersen, President & Chief Executive Officer of AIG.

How will this move strengthen AIG’s global market position?

The addition of Bewlay is designed to accelerate corporate strategy and deepen client relevance. By focusing on disciplined, profitable growth, AIG aims to leverage its foundation of expertise to better support partners worldwide. The transition, effective September 8, 2026, places a heavy emphasis on risk appetite discipline, which is critical for navigating the volatile global insurance landscape.

“I am honored to join AIG at such an important time for the Company and the industry. AIG’s industry-leading position reflects a foundation of exceptional underwriting expertise, a highly accomplished global team of underwriters, and a demonstrated commitment to underwriting excellence. I look forward to working with Eric, AIG’s leadership team and talented colleagues around the world to support our clients and partners, and help drive disciplined, profitable growth.” added Nancy Bewlay, Executive Vice President, Global Chief Underwriting Officer.

FF NEWS TAKE:

This appointment is a clear power move by AIG to solidify its underwriting excellence. Bringing in a heavy hitter like Bewlay from AXA suggests AIG is doubling down on technical rigor over aggressive expansion. In an era where data-driven pricing is everything, Bewlay’s track record in building underwriting offices from the ground up will likely move the needle on AIG’s combined ratio and long-term profitability.