Reinsurance News

AGCS appoints Grant Maxwell to lead Alternative Risk Transfer

24th July 2020 - Author: Charlie Wood

Allianz Global Corporate & Specialty (AGCS) has appointed Grant Maxwell as Global Head of Alternative Risk Transfer.

agcs-logoMaxwell reports reporting directly to AGCS SE Board Member and Chief Underwriting Officer Corporate Tony Buckle.

He currently leads the global Alternative Risk Transfer (ART) team on an interim basis.

AGCS’ ART line of business provides structured re/insurance solutions including fronting solutions tailored to companies’ specific needs.

AGCS Chief Underwriting Officer Tony Buckle said, “I look forward to working with Grant and his team to further evolve ART’s client offering and global model.

“AGCS focuses on serving large, multinational companies – and these are increasingly seeking innovative solutions to protect their earnings and cash flow risks or to cover unusual or complex risks, where traditional insurance products are inadequate. Therefore, ART solutions are an increasingly important differentiator for AGCS in the market.”

Maxwell originally joined AGCS in March 2008 and was Regional Head of ART for AGCS’ Regional Unit London and also Head of ART Deal Management since February 2010.

Prior to his time with AGCS, he held senior underwriting roles at XL Capital, Gerling and St Paul Re.

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