January 8, 2020 by Jeff Roberts
Kevin Hogan’s friend never made it home.
The man owned his own business, and it took him into harm’s way on Sept. 11, 2001. The morning when everything changed.
“His was one of those cars that never left the parking lot that night,” said Hogan, CEO of AIG Life & Retirement. He chose not to identify his friend. “He didn’t make it out.”
Hogan’s voice was even, but subdued, as he told the story from his office on the 30th floor of AIG headquarters in Lower Manhattan.
He and his friend occasionally talked sports, investment strategies and financial protection over a beer. The man “didn’t have a life insurance agent. Didn’t have a financial adviser. Didn’t have an estate attorney or anything like that,” Hogan said. “He had very little protection for his family.”
His friend knew he needed to fix that. But he ran out of time, and his family was left without protection coverage.
“What happened to his family is a terrible tragedy,” Hogan said, leveling his blue eyes to meet those of the person he was speaking with. “I made the decision right then and there that I was going to focus the rest of my career on making sure there are fewer people like that tomorrow than there are today.