Exclusive: Spriggs 'not disappearing' after AIG Life resignation

clock • 2 min read

Darren Spriggs, managing director of AIG Life has said that he will stay on to ensure the transition of the business to a new team after announcing his resignation.

Jane Dale, finance director at AIG Life, whose resignation was announced at the same time, will also stay to complete the handover to a successor.

The insurer has begun its search for the replacements for the pair who are leaving after overseeing the transition from Ageas Protect to AIG Life.

Describing their four years at the insurer as "intense" Spriggs said that following the transition it was a "good time to reflect."

He said: "You really want to have a three-to five year horizon to be able to navigate and plot the progression of the business forward.

Spriggs said: "After four quite intense years do we have the appetite and energy for another three to five years as we embark on the AIG journey?

"Jane and I arrived at the conclusion that actually we wanted to go out and seek a new challenge."

He added: "You don't easily leave a business like Ageas Protect or now AIG Life because over the last four years we've built what I genuinely believe to be one of the leading protection teams in the industry.

"Why do I get out of bed every morning? It's the people and what they do for our customers, that's not something you easily walk away from."

Spriggs said: "I'm a great believer that you have to get out of bed in the morning and do things that make you very excited and after four years in Ageas Protect and now part of the wider AIG you have to ask yourself the question "do I still have that same level of enthusiasm? Do I still have that same level of passion?"

"If the answer to that question is no then it's time to go and do something else. We both arrived at that conclusion separately and given we work well as a team we decided now's the time to go."

He concluded: "These are personal decisions both Jane and I have taken after four years being in the business, I think we're just genuinely excited about finding a new adventure."

 

Further Reading: 

Ageas Protect rebrands as AIG Life

Video: An Audience With...AIG Life's Darren Spriggs - part one

Part 2: An Audience with... AIG Life's Darren Spriggs

Part 3: An audience with....AIG Life's Darren Spriggs

More on Insurer

LV= posts profitable protection business

LV= posts profitable protection business

50% increase in protection profits

Cameron Roberts
clock 25 March 2024 • 1 min read
DeadHappy closes doors to new life insurance customers

DeadHappy closes doors to new life insurance customers

Existing policies are protected

Jaskeet Briah
clock 18 March 2024 • 2 min read
EDI has a positive impact on business: CII

EDI has a positive impact on business: CII

Improving representation has the most impact

Cameron Roberts
clock 13 March 2024 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read