AIG UK has recruited former Willis boss Tom Colraine as chief operating officer.
Colraine will report direct to AIG chief executive Lex Baugh.
Baugh said: “Tom joins at a crucial time as we work towards rebranding as Chartis UK. He will play a key role in improving our operational efficiency, risk control, capital efficiency and transparency.”
Colraine qualified as a chartered accountant at KPMG before joining Willis Group where held a number of positions including Chief Financial Officer and latterly Chief Operating Officer. He joined the AIG UK Board in December 2007.
Colraine said: “I’m really looking forward to my new role because the prospects for Chartis, as a truly global insurance network offering high quality risk management, have never been better. It’s exciting for me and I’m sure for all at Chartis.”
