Reinsurance News

Allianz (AGCS) hires Vanessa Maxwell as global head of financial lines

31st March 2022 - Author: Pete Carvill -

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Allianz Global Corporate & Specialty has hired Vanessa Maxwell as global head of financial lines.

Allianz Global Corporate and SpecialtyMaxwell has been hired from her current role as UK country manager at Berkshire Hathaway Specialty Insurance. She will report to Shanil Williams who was promoted to join the AGCS SE Board of Management in January 2022 as CUO for corporate.

Williams said in a statement: “After a detailed search of talent in the market, I am very glad that Vanessa has decided to join AGCS and look forward to working closely together with her in this important area of our business. She will take over the global leadership of our financial lines book at exciting times as we continue to boost our underwriting capabilities with new tools and technologies and also look to expand our portfolio globally in a profitable way.”

Williams was global head of financial lines at AGCS from 2019 to the end of 2021 and will continue to oversee this line of business on an interim basis until Maxwell joins AGCS at the latest in June 2022. Both will be based in AGCS’s London office.

Maxwell currently oversees the UK franchise of Berkshire Hathaway Specialty. Before assuming this role, she gathered extensive experience in financial lines underwriting in increasingly senior roles, most recently as head of executive and professional lines UK at Berkshire Hathaway. Before joining Berkshire Hathaway in 2017 she held various managerial roles in Financial Lines and Professional Liability underwriting at AIG (including subsidiaries) in London and New York.

Williams added: “Vanessa’s extensive underwriting know-how as well as her global market experience will be tremendous assets to continue the momentum we have in Financial Lines and drive further growth.”