David McMurdo has been promoted to Head of Private Client Group (PCG) Australasia at AIG.

Mr McMurdo has spent more than eight years at AIG, most recently as national partnership manager and national underwriting development manager.

He has also held senior roles at Zurich and Allianz in London.

PCG is part of AIG’s Global Personal Insurance strategy, and has been central to the consumer business in Australia for the past decade.

Head of Individual Personal Insurance Australasia Tony Martiniello says Mr McMurdo’s “experience and deep understanding” of the high-net-worth and emerging wealth market make him ideally suited.