Lex Baugh, CEO North America General Insurance, AIG and Board Member, Enactus
Enactus is the world’s largest experiential learning nonprofit organization, dedicated to creating a better world while developing the next generation of entrepreneurial leaders and social innovators.
AIG has partnered with Enactus (formerly known as SIFE) for over 30 years, enabling employees to mentor thousands of student entrepreneur groups all around the world.
As an Enactus Board Member, Lex Baugh, CEO North America, General Insurance, is part of the primary governing body responsible for overseeing the organization’s activities and affairs. Board members donate their valuable time, expertise, and access to their networks to advance the mission of the organization.
“Enactus is a tremendous organization that brings together students and AIG employees while promoting innovation and entrepreneurship. I became involved with Enactus because I am inspired by the power of entrepreneurship,” Lex said. “I believe these students have the drive, resilience, and skills necessary to change the world. It is humbling to see the community impact created by students with the modest seed capital provided by Enactus.”
When students and AIG employees come together in the spirit of innovation, the results can be impressive. For example, the AIG-sponsored Wellness at Work Initiative used wearable technologies to improve participant eating and fitness habits at work and at home, resulting in an average weight loss of eight pounds per participant.
The partnership has continued to evolve. With a focus on city resilience, AIG has sponsored several promising student social entrepreneurs on solutions such as bio-stoves, solar and aquaponics. They also developed an innovative Resilience Solutions initiative through a partnership with Wood PLC, a global leader in engineering, project and technical service. The goal is to provide end-to-end resilience modeling, engineering, insurance and financing for cities and corporations.
“As an Enactus Board member and an AIG employee, I know we have just as much to learn from the student entrepreneurs as they can learn from us,” said Lex. “When we come together as one team, we can change the world.”
This project is supported by AIG’s volunteer programme.Find out more