Allianz Global Corporate & Specialty SE (AGCS) has made changes to its leadership team to support the company’s growth following its remediation program.
Alfredo Alonso who currently leads AGCS’ Regional Unit London & Nordics will become Global Head of Liability with immediate effect.
Alonso will be replaced next year by Nadia Côté who joins AGCS as the new Regional Managing Director for London & Nordics from her current role as Head of Major.
He will continue to be based in London and, in the interim, will retain his regional responsibility for London & Nordics in addition to his Liability leadership role.
Gianluca Piscopo will be appointed Regional Managing Director for the Ibero/LatAm region, from May next year.
In this role he will succeed Nuno Antunes who continues to oversee the Ibero/LatAm region until the handover next year and will then move to a new role which will be confirmed in due course.
Piscopo is currently CEO for W.R. Berkley Spain & Portugal.
AGCS has also appointed a new Global Head of Energy & Construction, Max Benz. He will join in February 2022.
Benz was previously AXA XL’s Global Chief Underwriting Officer (CUO) for Construction as well as Regional Product CUO Construction for Asia Pacific & Europe.
He will drive further growth opportunities for the Energy & Construction line of business which generated about 13% of AGCS’s gross written premium in 2020.
Michele Williams will take over as Global Head of Allianz Risk Consulting (ARC) in Munich with immediate effect from Thierry Portevin who leaves AGCS to pursue interests outside Allianz. She started at AGCS in 2004, working in various Risk Consulting and Underwriting roles, and most recently led the CEO Office for AGCS CEO Joachim Mueller in Munich.
Côté and Piscopo, as Regional Managing Directors, will report to Henning Haagen, AGCS’ Chief Regions & Markets Officer; Benz and Williams will report to Tony Buckle, AGCS’ Chief Underwriting Officer, Corporate.
AGCS CEO Joachim Mueller said: “As our portfolio turnaround and wider business transformation program advance as planned and we pivot to growth again, we are pleased to attract top talents for these core positions, all of which are directly connected to our customer-facing activities.
“It’s a good balance of talented members of our internal team and high-profile external hires and talented members of our internal team.
“I look forward to working with these energetic managers – both familiar and new colleagues – to drive our ambitious transformation and growth agenda over the next years.”
