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AIG canceled John Neal’s hiring after a Lloyd’s review found improper ties with executive Rebekah Clement, leading to $2.7M in severance.
Rebekah Clement, a New Zealand national and former Lloyd’s of London executive, is at the center of workplace conduct allegations involving John Neal, the former AIG president.
Neal, who was set to join AIG in December 2025, had his appointment canceled after an internal review at Lloyd’s found concerns over his close professional relationship with Clement, including shared travel.
AIG terminated Neal’s role before he started but will pay him $2.7 million in compensation for lost incentives.
The incident follows a prior case at QBE Insurance where Neal faced penalties for failing to disclose a relationship with a subordinate.
Lloyd’s launched an independent review, and the situation has raised broader concerns about leadership conduct and conflict-of-interest policies in major financial firms.
AIG canceló la contratación de John Neal después de que una revisión de Lloyd encontrara vínculos inapropiados con la ejecutiva Rebekah Clement, lo que llevó a una indemnización de $ 2.7 millones.