AIG Life names Donald MacLean as Managing Director of Group Protection

LONDON – Monday 20th March 2023 – AIG Life Limited today announced that Donald MacLean has been named Managing Director of its Group Protection business.

Mr. MacLean is an existing member of the Senior Leadership Team and Board, reporting to Phil Willcock, Chief Executive Officer, AIG Life.

“I’ve worked with Donald for several years and I’m very pleased to have him lead our Group business,” said Willcock. “His strong commercial focus and strategic acumen are invaluable to the ambitious growth plans we have as a market-leading group risk provider, and in our drive to help employers care for their employees.”

Mr. MacLean, who has over 20 years’ experience in financial services, has held several roles since joining the UK life insurance arm of Corebridge Financial, formerly AIG Life & Retirement, in 2016 as Chief Actuary.

“I am looking forward to leading our successful Group business with its track record of significant growth and consistent delivery for customers,” said MacLean. “We will build on our current strengths to ensure we continue to meet the evolving needs of employers and employees in ever-increasing numbers.”

He replaces Lee Lovett, who is retiring.

“Lee is a well-respected leader in the group risk industry who played an instrumental role in the transition of Ellipse into AIG Life,” said Willcock. “After 43 years in financial services, Lee now passes the baton on a business with a solid foundation for the future. I’ve sought his counsel often and it’s been my great pleasure to work with Lee. On behalf of the team, I wish him all the very best for the future.”

ENDS

Notes To Editors

AIG Life is the UK life insurance arm of Corebridge Financial, formerly AIG Life and Retirement.

About Corebridge Financial

Corebridge Financial (NYSE: CRBG) makes it possible for more people to take action in their financial lives. With more than $365 billion in assets under management and administration as of March 31st, 2023, Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com and follow us on LinkedIn, YouTube, Facebook and Twitter.

About AIG Life

Additional information about AIG can be found at www.aiglife.co.uk | YouTube: www.youtube.com/aiglifeUK | Twitter: @AIGLifeUK www.twitter.com/AIGLifeUK | LinkedIn: www.linkedin.com/company/aiglifelimited. These references with additional information about AIG Life have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.