Peter Harmer will replace Mike Wilkins as Managing Director and CEO of IAG. Wilkins has led IAG for more than seven years.
Harmer joined IAG in 2010 as CEO of CGU. He has held a number of executive roles across IAG and was appointed CEO of IAG Labs in July this year with responsibility for driving digital initiatives and innovation as well as creating incubator areas to explore new opportunities across IAG and its brands.
IAG Chairman, Brian Schwartz, said that Mr Harmer’s track record in creating successful businesses and transforming cultures made him the right person to lead IAG.
“Peter has a great passion for leadership, developing people and delivering to customers and, coupled with his extensive insurance industry experience, he is ideally suited to lead IAG through the next phase of its growth and development.
“Peter led a tremendous turnaround in the culture and performance of CGU during his time as its CEO. More recently, as CEO of IAG Labs, Peter has laid the foundations for IAG’s digital future.
Mr Harmer said he looked forward to leading IAG during a dynamic and exciting time for the company.
“I’m delighted and humbled to be given the opportunity to lead IAG. We live in an age of disruption where the needs and expectations of our customers are changing rapidly as they embrace innovation and quickly adopt new technologies. New and different competitors are entering the market and even the way we work is transforming, with a greater focus on inclusiveness and agility.