The American International Group, Inc. (AIG) has promoted Penny Seach to head of casualty, Asia-Pacific, outside Japan, and named Robert Klepper as global property executive, Asia-Pacific.
Seach joined AIG in 1993 as commercial claims manager in her home country of South Africa. Before rejoining AIG in 2011 to head up the crisis management portfolio within Asia-Pacific, she spent three years in the Middle East at another carrier.
Seach has experience within both the banking and insurance industries, and has held various positions across claims and underwriting within most commercial lines of business. She holds a bachelor of commerce (law) from the University of South Africa and currently is a non-executive director of AIG PNG.
In a newly created position, Klepper will be responsible for the leadership and profitability of AIG’s commercial and energy property businesses across the Asia- Pacific region. In addition to this responsibility, he will also retain his current role as chief underwriting officer, global property.
Klepper brings over 27 years of underwriting expertise to his new role. Prior to joining AIG in January 2012, he spent three years at Torus Insurance Holdings, most recently as president and global chief underwriting officer, with responsibility for offshore energy, onshore energy, power and utilities, construction, general property, and risk engineering.
Klepper entered the insurance industry in 1987 as a risk engineer and loss control consultant for industrial risk insurers. He graduated from Clemson University with a bachelor of science degree in engineering.