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Allianz (AGCS) reshuffles alternative risk transfer roles

10th July 2019 - Author: Charlie Wood

Allianz Global Corporate & Specialty SE (AGCS) has made a number of changes to its Alternative Risk Transfer (ART) and Liability Lines business, including the promotion of Christof Bentele to Head of Global Client Management, a newly-created role.

Allianz Global Corporate and SpecialtyBentele previously served as Head of Global Crisis Management,a role which has been split into two positions.

Effective immediately, Björn Reusswig is appointed Head of Global Political Violence and Hostile Environment Solutions and Stewart Eaton is appointed Head of Global Crisis Management Recall. Both report to Ciara Brady, Global Head of Liability, AGCS.

In his new role, Bentele will oversee the management of existing and the building of new client and broker relationships across the global ART portfolio.

Based in New York, he will report directly to Michael Hohmann, Global Head of ART. The ART line of business was set up in November 2018 and designs tailored multi-line, multi-year or parametric risk management solutions for businesses beyond traditional property & casualty insurance products.

Bentele joined AGCS in 2014 to launch the AGCS Crisis Management Practice on behalf of the global insurer.

“Christof has always put the customer at the center of what he does and I am extremely pleased that he has joined ART and is now helping us further develop our client solutions and services,” said Hohmann.

“Alternative risk transfer typically involves designing complex deals and programs which are tailored to the needs of a specific company and, with Christof’s support, we aim to make this process as smooth as possible for our customers.”

Ciara Brady, Global Head of Liability, added, “AGCS entered the crisis management business in 2015 and has had tremendous success building our footprint as a market leader. With the move of Christof to ART, I wanted dedicated leaders for these highly specialized and unique product suites.

“Both Björn and Stewart have the underwriting expertise and global insight to help AGCS be the insurance partner our clients need. I welcome them to my leadership team, and look forward to working with them in future.”

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