American International Group (AIG) has announced a series of leadership changes within its U.S. commercial insurance division following the upcoming retirement of Don Bailey, Executive Vice President and CEO for North America Commercial Insurance.
Bailey, a veteran of the insurance industry with more than four decades of experience, will retire at the end of the year due to health reasons. He joined AIG in 2023 as Global Head of Distribution and Field Operations before taking on his most recent leadership role.
Effective January 1, AIG will implement a new leadership structure for its North America commercial business. Under this reorganization:
- Allison Cooper and Barbara Luck will serve as Co-Presidents, Retail.
- Lou Levinson will become President, Wholesale.
All three executives will report to John Neal, who will assume the position of President of AIG.
The leadership changes come as AIG continues to build on a strong financial performance. In August, the insurer reported higher second-quarter profits, driven by robust underwriting gains and increased investment returns.
Bailey’s retirement marks a significant transition for AIG’s commercial operations, as the company positions itself for continued growth and strategic focus heading into 2026.
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