Allianz Insurance has added Stuart Toal as head of mid-corporate, a newly-created role.
Helen Bancroft is to step into the position vacated by Toal, and has been promoted to serve as the firm’s new casualty account manager.
Reporting to Chief Underwriting Officer, Catherine Dixon, Toal will lead the mid-corporate business, playing a key part in defining the appetite and strategy for property, casualty, motor trade and Engineering Construction & Power.
Having joined in 2015 as casualty account manager, he’ll now be working closely with regional and Global Commercial colleagues.
Pre-2015 he worked for AIG as the casualty chief underwriting officer, and interim head of casualty.
Bancroft reports to Toal and will set the direction of the Commercial liability, speciality and legal protection lines of business.
She’ll also be supporting the underwriting strategy and ambitions of Allianz Commercial.
Bancroft joined Allianz in 2002 on the graduate scheme and has since worked in a variety of senior underwriting roles across the Allianz branch network.
“I’m delighted to announce these two appointments,” said Dixon.
“As we continue to shape our Commercial business, it’s crucial that we can count on the talent and expertise of our people and both Stuart and Helen bring not only experience to their new roles but also a great understanding of an ever-competitive market and changing world.
“We’re known for our technical excellence so I look forward to working with both of them in what is an exciting and challenging time for underwriting as we drive our ambitions forward.”