Reinsurance News
Allianz Global Corporate & Specialty
Allianz (AGCS) names Mark Whayling Entertainment Global Product Lead
21st October 2022
Allianz Global Corporate & Specialty (AGCS) has announced the appointment of Mark Whayling as the new Entertainment Global Product Lead for the Live sector, effective immediately. Whayling was most recently Senior Underwriter, Live Entertainment, for AGCS’ London & Nordics region, having joined Allianz in 2017. In his new role, Whayling will be ... Read the full article
AGCS appoints Darren Tasker to new regional role
15th September 2022
Allianz Global Corporate & Specialty (AGCS) has named Darren Tasker as the new regional head of energy and construction for North America, effective from 6 September. Tasker will also join the AGCS North America Executive Management Team (EMT) and report to Bill Scaldaferri, president and CEO for North America. "He has been ... Read the full article
Allianz AGCS appoints new Head of Marine in Canada
1st September 2022
Allianz Global Corporate & Specialty (AGCS) has announced that Anthony Tramonte will join as Head of Marine for AGCS Canada, effective September 8, 2022. He will be based in Toronto, reporting directly to Rich Soja, North American Head of Marine and Global Head of Inland Marine. In this role, Tramonte will develop ... Read the full article
Live events resurge in a new risk landscape after Covid restrictions ease
26th August 2022
The restarting of live events due to the lull in coronavirus restrictions poses a new risk landscape for organisers, according to Allianz Global Corporate & Specialty (AGCS). The firm said in a statement that it was seeing increasing demand for live events following the end of lockdowns and restrictions. However, it said ... Read the full article
“Fires and explosions largest source of corporate insurance losses” – AGCS
15th August 2022
Allianz Global Corporate & Specialty’s Global Claims Review 2022 says that fires and explosions (excluding wildfires) are the single largest identified cause of corporate insurance losses, accounting for 21% of the value of all claims. According to the firm, the past five years such incidents have caused in excess of €18bn ... Read the full article
Businesses should prepare for rise in civil unrest incidents: Allianz
15th June 2022
Allianz Global Corporate & Specialty (AGCS) has advised businesses to review their insurance policies and contingency plans as a rise in social unrest incidents could heighten their risk exposure, resulting in costly damages. Strikes, riots and violent protest movements pose risks to companies because in addition ... Read the full article
Allianz (AGCS) names Regional Head of Strategy & Portfolio Steering, North America
25th May 2022
Allianz Global Corporate & Specialty (AGCS) has announced that Anthony “Sandy” Codding, Jr. will join the AGCS Financial Lines team as Regional Head of Strategy & Portfolio Steering, North America. Codding will be based in Boston and will report to Joe Caruso, North America Regional Head of Financial Lines. He takes over ... Read the full article
Captives to take on risks shunned by traditional re/insurers: AGCS’s Houlihan
13th May 2022
With many insurers and reinsurers beginning to shy away from complex emerging risks, captives could be set to take on more of the issues shunned by the traditional market. This is according to Thomas Houlihan, Regional Head, Americas - ART (Alternative Risk Transfer) at Allianz Global Corporate & Specialty (AGCS), who ... Read the full article
Allianz (AGCS) announces key leadership changes
12th May 2022
Allianz Global Corporate & Specialty (AGCS) has announced that Mike Martin has been appointed as Global Head of Property, effective May 16, 2022. Within his new role, Martin will report directly to Chief Underwriting Officer Corporate, Shanil Williams. He will also succeed Maria Grace who left AGCS in late 2021, and ... Read the full article
Allianz (AGCS) hires Vanessa Maxwell as global head of financial lines
31st March 2022
Allianz Global Corporate & Specialty has hired Vanessa Maxwell as global head of financial lines. Maxwell 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 ... Read the full article
AGCS promotes new regional head of cyber in North America
10th March 2022
Allianz Global Corporate & Specialty (AGCS) has promoted Tresa Stephens to region head of cyber for tech and media in North America. Stephens will begin her new role on 1 April and will be succeeding Thomas Kang. Joe Caruso, regional head of financial lines for north America, whom Stephens will be reporting ... Read the full article
Allianz (AGCS) hires new regional head of legal
28th February 2022
Allianz Global Corporate & Specialty (AGCS) has hired William Fawcett to be its new regional head of legal for North America. In taking on the role, Fawcett will be based in Chicago and will report directly to Quirin Emmerich, global head of legal. He will succeed Julie Garrison, who left the ... Read the full article
Cyber the top concern for businesses in 2022: Allianz
18th January 2022
Cyber perils are viewed as the top concern for businesses globally in 2022, as natural catastrophe and climate change risks climb the rankings of the latest Allianz Risk Barometer. With 44% of respondents citing cyber incidents as their biggest concern, largely driven by the threat of ransomware attacks, the peril claimed ... Read the full article
AGCS appoints Jody Yee as TMT Global Industry Solution Director
2nd December 2021
Allianz Global Corporate & Specialty (AGCS) has appointed Jody Yee to serve as Global Industry Solution Director for Technology, Media & Telecom (TMT). Yee brings 18 years' experience in corporate insurance and alternative risks transfer to the role, working across both the traditional insurance underwriting space as well as alternative risk ... Read the full article
Allianz Global Corporate & Specialty SE makes senior leadership changes
16th November 2021
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 ... Read the full article
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