AIG elects venture capitalist to board of directors

New appointee’s expertise is set to strengthen the company's global market position

AIG elects venture capitalist to board of directors

Insurance News

By Jonalyn Cueto

American International Group (AIG) has announced the election of Courtney Leimkuhler, a co-founder and managing partner at the venture fund Springbank, to its board of directors as an independent director. According to a news release, Leimkuhler brings to the organization expertise from her leadership roles at major financial institutions, including Goldman Sachs, NYSE Euronext, and MarshMcLennan.

Leimkuhler’s career began in investment banking at Goldman Sachs. She later held a pivotal role at NYSE Euronext, where she led corporate strategy and mergers and acquisitions, overseeing the organization’s transformation from a nonprofit to a major publicly traded exchange. Following her tenure at NYSE, Leimkuhler served as the chief financial officer of Marsh, a global corporate insurance broker.

“Courtney’s extensive background in financial services, including the global insurance industry, combined with her leadership in developing data and digital companies that have differentiated themselves in the markets where they compete, will be an excellent addition to the AIG board of directors,” said Peter Zaffino, chairman and CEO of AIG.

“Courtney Leimkuhler’s deep expertise in capital markets, risk management, and data combined with her experience in tech investments will be a tremendous asset to AIG’s board of directors,” said John Rice, AIG's lead independent director.

Leimkuhler expressed enthusiasm for joining AIG’s board, applauding the company’s advancements under Zaffino’s leadership. “AIG’s significant influence in the insurance industry and focus on solving complex risks for its clients and partners and innovative use of Gen AI and other technologies is impressive and I am excited to support this next phase of growth,” she said.

Leimkuhler, a graduate of Harvard College and Harvard Business School, where she was named a Baker Scholar, currently serves on several boards of venture-backed companies.

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