Allianz has appointed James Maxwell to be its new risk director for its commercial business.
Reporting to Allianz Holdings chief risk officer, John Berry, Maxwell will have responsibility for overseeing all risk matters within the Commercial lines business and will also serve as a member of the Commercial executive committee.
The role will have a particular emphasis on operational risk, change management, and information security as part of an ongoing remit to drive excellence in risk management.
John Berry, chief risk officer at Allianz Holdings, said: “James brings vast industry experience and insight to Allianz from his previous career in financial services and beyond. I am delighted that James has agreed to join Allianz.”
Maxwell joins Allianz having been a partner at PwC in its insurance risk advisory practice, as well as interim CRO at MS Amlin. Prior to this, he spent many years in various operational and advisory roles as a risk management specialist, including with EY and Marsh, and as CRO at BG Group, a FTSE100 oil & gas producer.
Maxwell said: “I’m really pleased to be joining Allianz in this role. Working within the world’s largest insurer, I’ll have the opportunity to make a real difference to the way we manage risk both in the UK and more widely. It’s a great time to be doing so, considering the uncertainty facing us in our macro environment and I look forward to working with John and the wider risk team, as well as my fellow executives and everyone else within Allianz.”