Allianz
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The carrier made the statement following a news report which said it was renewing the policy. -
The carrier has confirmed single leaders for each of its four largest P&C commercial markets in the UK, France, Germany and Australia.
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Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.
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The MGA provides coverage to SMEs in the food, hospitality, leisure and hotel sectors.
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Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.
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Analysts find carriers have few investments in bank debt after Credit Suisse rescue.
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Chris Townsend said streamlining the AGCS business would allow it to attract recruits and open progression opportunities.
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Gordon Browne will head up lines including marine, aviation and energy, representing 30% of AGCS premium.
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The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector.
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Allianz said this approach will close internal structural gaps in market reach and extend its product offering and delivery at a local level.
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Dr Renate Strasser and Shanil Williams will take on the expanded responsibilities as chief technical and chief underwriting officers, respectively.
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Karen Pickersgill joined Allianz in 1999 following roles at Aviva and Cigna.
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