Allianz Global Corporate & Specialty (AGCS) has named John Gambale as regional head of distribution for North America, large corporate as part of a reorganisation.
The firm said that Gambale will join at the beginning of October and will be based in New York, reporting Bill Scaldaferri, CEO and President, AGCS North America. The Middle Market division will be read by Rani Christie, who will also report to Scaldaferri.
Scaldaferri said in a statement: “I am pleased to welcome John to AGCS as this is the next step in our evolution and a refinement of our focus to capture growth opportunities both in the Large Corporate and Middle Market arenas. We have strong momentum, and by redeploying resources we are driving more meaningful and productive engagement, honing our expertise and articulating our focus toward two very distinct yet crucial market segments.”
He added: “John has a tremendous reputation in the marketplace as a results-oriented professional. At the same time, I am very happy that Rani will focus his talents on growing and optimizing our Middle Market division, which is a critical growth segment for the company.”
Gambale joins AGCS from AIG, where he has held various leadership roles over the past 23 years. Most recently, as president of the north-east zone, he was responsible for executing on go-to market strategies in the New York Metro, Mid-Atlantic and New England markets with oversight of more than 200 underwriters across all major property, casualty, financial lines and specialty product areas.
Prior to his zonal distribution responsibilities, he held various local and national leadership positions with AIG Financial Lines. Gambale began his corporate insurance career at Swiss Re.
AGCS has announced a handful of moves in recent weeks, including that of Darren Tasker, who was appointed the new regional head of energy and construction for North America, a role he started in earlier this month. The firm also recently appointed Anthony Tramonte to be its new head of marine for AGCS Canada, based in Toronto.
