Racicot Steps Down; Pusey Takes Helm as Insurer Group’s CEO

Gov. Marc Racicot will leave his position as the president and CEO of the American Insurance Association (AIA), effective Feb. 1, 2009. Racicot served more than three years as the leader of the the AIA, a property/casualty insurer trade association.

Racicot will be succeeded by Leigh Ann Pusey, currently the organization’s chief operating officer and senior vice-president for government affairs.

“Governor Racicot has worked diligently and effectively representing the property-casualty insurance industry over the last three and a half years, continuing AIA’s role in advocating for a strong and healthy property-casualty industry,” said Evan Greenberg, chairman of the and chairman and CEO of ACE Limited.

Pusey has a 20-year track record of success in association leadership and public policy advocacy, according to AIA.

“She is consistently recognized and respected by industry leaders, administration officials, members of Congress and their staffs – from both parties – as one of the most effective, intelligent, and tireless advocates in Washington, DC,” Greenberg said in a statement.

Source: AIA