Peter Zaffino

Peter Zaffino
Born January 1967
Greenwich, Connecticut
Nationality American
Education Boston College (BA)
New York University MBA
Occupation Global COO of AIG
Predecessor Jeffrey Hurd
Parent(s) Salvatore D. Zaffino, and Marion Zaffino

Peter Zaffino (born January 1967) is an insurance industry leader and executive, named EVP and Global Chief Operating Officer of AIG in July 2017.[1]

Prior to his appointment at AIG, Zaffino served as chief executive officer of Marsh, and chairman of Marsh & McLennan Companies' Risk & Insurance Services segment, which includes Marsh, a risk advisor and insurance broker, and Guy Carpenter and Company, a reinsurance intermediary.[2]

Early life and education

Zaffino holds a BA in economics from Boston College and an MBA in finance from New York University's Leonard N. Stern School of Business. He holds the CPCU and Associate in Reinsurance designations.[3]

Career

Before his tenure at AIG, Zaffino's career included several leadership roles at Marsh & McLennan Companies, a professional services firm that ranked #222 on the 2016 Fortune 500 list.[4][5] Prior to becoming CEO of Marsh, he was president and CEO of Guy Carpenter.[6] Zaffino was appointed to lead Marsh in early 2011, and his responsibilities were expanded to include Risk & Insurance Services in early 2015.[7][8] Under Zaffino's leadership, Marsh built an analytics solution, delivered through a mobile platform using real-time data.[9][10] Zaffino also oversaw the expansion of Marsh & McLennan Agency,[11] which serves clients in the small- and mid-market brokerage marketplace.[12]

Before joining Guy Carpenter in 2001, he served in several senior executive positions at a GE Capital portfolio company specializing in alternative risk insurance and reinsurance.[13]

Boards

Zaffino is a member of the board of directors of the Michael J. Fox Foundation and the New York Police and Fire Widows' and Children's Benefit Fund, which provides assistance to families of New York City police and fire personnel (including Emergency Medical Services and Port Authority) who have been killed in the line of duty.[14][15] He also serves on the board of overseers for The School of Risk Management, Insurance and Actuarial Science of St. John’s University.[16]

References

  1. ↑ Scism, Leslie. "AIG CEO Taps Peter Zaffino as Key Lieutenant"Paid subscription required. Wall Street Journal (06 Jul 2017). Retrieved 10 July 2017.
  2. ↑ Dipietro, Ben (30 May 2016). "Why the Global Risks for Companies Are Growing"Paid subscription required. Wall Street Journal. Retrieved 23 June 2016.
  3. ↑ "Leadership | Marsh". Marsh | Global Leader in Insurance Broking and Risk Management. Marsh. 2015-04-20. Retrieved 2015-05-27.
  4. ↑ "(Press Release) Marsh & McLennan Companies Announces Changes to Senior Management Team". Marsh & McLennan Companies, Inc. Marsh & McLennan Companies. 2011-04-20. Retrieved 2015-05-27.
  5. ↑ "Marsh & McLennan #222". Fortune 500. Fortune. Retrieved 6 July 2016.
  6. ↑ Roberts, Sally (2008-02-27). "Peter Zaffino named CEO of Guy Carpenter - Business Insurance". Business Insurance. Crain Communications, Inc. Retrieved 2015-05-27.
  7. ↑ "UPDATE 1-Marsh and McLennan names new CEO for Marsh unit". Reuters. 2011-04-20. Retrieved 2015-05-27.
  8. ↑ "(Press Release) Marsh & McLennan Appoints Peter Zaffino Chairman of Its Risk & Insurance Services Segment". MarketWatch. MarketWatch, Inc. 2015-05-07. Retrieved 2015-05-27.
  9. ↑ "Investor Day 2014 Webcast". Multimedia Centre. NASDAQ OMX Corporate Solutions International Limited. 2014-03-11. Retrieved 2015-06-18.
  10. ↑ "FOCUS on the Middle Market: Peter Zaffino, President & CEO, Marsh LLC". President & CEO Magazine. Nexxus Publishing. 2014-10-10. Retrieved 2015-06-08.
  11. ↑ Kenealy, Bill (2015-06-01). "Marsh makes big mid-market push with Texas purchase". Business Insurance. Crain Communications, Inc. Retrieved 2015-06-08.
  12. ↑ Hoffmann, Mark A. (2014-07-20). "Top insurance brokers: Marsh & McLennan Cos. Inc.". Business Insurance. Crain Communications, Inc. Retrieved 2015-06-08.
  13. ↑ "(Press Release) REG-Marsh & McLennan Peter Zaffino Named Chief Executive Officer of Guy Carpenter". Reuters. 2008-02-28. Retrieved 2015-05-27.
  14. ↑ "The Michael J. Fox Foundation For Parkinson's Research 2015 Annual Report" (PDF). Michael J. Fox Foundation. Retrieved 6 July 2016.
  15. ↑ "Darien's Zaffino, CEO of Marsh Inc., Now on NYC Police & Fire Benefit Fund Board". Darien, CT Patch | Local News. Patch Media. 2013-03-28. Retrieved 2015-05-27.
  16. ↑ "St John's Insurance Leader 2013: Robert H. Benmosche". news.advisen.com. Retrieved 2015-05-27.
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