Archive · 21 Nov 2025
Ex-Lloyd's CEO John Neal Loses AIG Role Over Office Romance Probe
John Neal, who was supposed to become the President of AIG, lost his job because of an investigation into his relationship with a subordinate at his previous job.
This isn't the first time he's been in trouble for this.
The incident shows how even big companies can make mistakes when hiring important people.
John Neal, former CEO of Lloyd's of London, was set to join AIG as President but the offer was withdrawn
Lloyd's launched an investigation into Neal's conduct regarding a relationship with a subordinate
AIG withdrew its offer after learning of the probe, following a similar incident at QBE Insurance
Neal's appointment raised questions about AIG's vetting process, given the sexual assault charges against its former chairman
The incident highlights the risks of workplace relationships and the scrutiny of high-stakes hires
- Who
- John Neal, former CEO of Lloyd's of London
- What
- Lost job offer from AIG due to investigation into office relationship
- When
- In October 2022, Lloyd's launched an investigation; in November 2022, AIG withdrew its job offer
- Where
- Lloyd's of London and AIG
- Why
- Due to a relationship with a subordinate at Lloyd's, which AIG found out about during their vetting process
Pro-Transparency
Pro-Business
Transparency in Hiring
Pro-Transparency
Companies should thoroughly vet candidates to prevent such incidents.
Pro-Business
However, high-stakes hires can be risky, and sometimes issues slip through the cracks.
- Previous Role
- CEO of Lloyd's of London
- New Role Offered
- President of AIG
- Previous Incident
- Bonus reduction at QBE Insurance for not disclosing a relationship with a subordinate
- AIG's Previous Issue
- Sexual assault charges against former chairman David McElroy
