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You are here: Home / News / News Archive (pre-April 2011)

April 1, 2011

News Archive (pre-April 2011)

Prior to April 1, 2011, Ty Sagalow held positions with American International Group, Zurich North America and the Tower Group. Articles and publications during these pre-Innovation Insurance Group days are included here.

Talking Shop With Zurich North America Commercial’s New Chief Innovation Officer
Earlier this year, Ty Sagalow was chosen to serve as the first chief innovation officer for Zurich North America Commercial, a newly created position at the company. In May, Risk & Insurance® Managing Editor Cyril Tuohy spoke with Sagalow to discuss the importance of innovation and how Sagalow intends to approach his new post. Here is an excerpt of the interview. (Risk & Insurance, September 15, 2009)

Risk Management at a Crossroads
In talking to the risk managers, brokers and insurers populating RIMS 2009, there are two themes that run constant. The first is the unique opportunity that last year’s financial meltdown has presented risk managers to raise their profiles within their organizations and prove their value to senior management.Zurich, for instance, has recently released a new D&O policy it is promoting at RIMS 2009 that it hopes can set a new standard for coverage.The goal, according to  Zurich chief innovation officer Ty Sagalow is “raising the bar in D&O.” (Risk Management Monitor, April 21, 2009)

Zurich’s Sagalow Pursues “Customer-Centric Innovation” 
Former AIG executive Ty Sagalow has taken on the role of chief innovation officer for Zurich North America Commercial. (Insurance & Technology, January 15, 2009)

Zurich names Sagalow executive vice president and chief innovation officer 
Zurich has appointed Ty R. Sagalow as executive vice president and chief innovation officer of their North America Commercial Marketing unit. Sagalow will oversee North America Commercial’s strategic product development initiatives in the United States and Canada, and will have responsibility for the business division’s Proposition Development and Marketing Research departments. (Property Casualty 360, January 9, 2009)

IT security guide: Understanding cyber-risks meaning knowing what questions to ask 
The questions are designed to elicit information that can help provide a more holistic picture of a company’s exposure to security threats, said Ty Sagalow, president of product development at AIG’s general insurance group, and Chairman of the Internet Security Alliance, the co-publisher of the guide that he chaired. (Computer World, October 20, 2008)

Managing Cyber Risk 
AIG executive, Ty Sagalow, says explosive growth of technology leaves businesses of all sizes vulnerable. (Rough Notes, August 3, 2008)

A Culture of Creativity
American International Group Inc. has long been known for introducing new products. Ty R. Sagalow, presdient of AIG Product Development, General Insurance, in New York, recently spoke with Business Insurance about how this division has helped AIG become much faster and more efficient in launching innovative property and casualty products. (Business Insurance, November 19, 2007)

Securing our Infrastructure
Hearing before the Committee of Government Affairs, United States Senate. Testimony from Ty Sagalow (Q&A section). (OFFICIAL TESTIMONY)(May 8, 2002)

Data Insurance.
Network security insurance is one of the fastest growing product in the history of insurance or insurance giant American International Group according to Ty Sagalow, executive vice-president and COO of AIG’s eBusiness Risk Solutions (New Architech, 2002)

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Innovation Insurance Group, llc

Offices at Short Hills
51 John F. kennedy Parkway,
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tysagalow@innovationinsurancegroup.com

Expert Witness

Ty Sagalow head shotTy Sagalow's unique background in legal, underwriting, policy drafting and claims – and his designation as a “qualified insurance expert” by the United States District Court for the Southern District of California – offers attorneys an unparalleled resource in D&O, E&O and Cyber insurance coverage disputes. He was also named "Most Helpful Expert" in a recent $8.7M coverage decision.

Mr. Sagalow served as Chief Underwriting Officer and General Counsel for AIG Executive Liability (formerly National Union Fire Insurance Company of Pittsburgh, PA), the world’s largest carrier of Directors and Officers Liability and Professional Liability Insurance. As General Counsel, Mr. Sagalow personally wrote or led teams that wrote all the D&O policies and many of the professional liability policies that AIG produced between 1988 and 2000 – policies which continue to serve as the foundational wording for the D&O and professional liability policies in the market today. As AIG Executive Liability’s Chief Underwriting Officer, Mr. Sagalow was charged with all underwriting interpretations and decisions for AIG D&O/E&O policies. In 2009, Mr. Sagalow headed up the team that rewrote all D&O policies for Zurich North America.

Ty is a cum laude graduate of Georgetown University Law Center and holds a LLM from New York University School of Law.

Company Profile

Innovation Insurance Group is an insurance consulting firm and insurance brokerage founded by 30-year insurance executive, Ty R. Sagalow, former Chief Underwriting Officer, General Counsel and Chief Innovation Officer at AIG, and former Chief Innovation Officer at Zurich, NA and Tower Group. IIG focuses on three core practice groups: product development, expert witness services (primarily in the Management and Professional Liability areas), and bitcoin industry brokerage services.

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