Allianz Global Corporate & Specialty to target multinational insurance with new set-up and dedicated investments | Business

NEW YORK–(Enterprise WIRE)–Jul 14, 2022–

Allianz is aiming to significantly develop its small business from shoppers in the worldwide insurance policy application sector to serve the growing need from massive and medium-sizing organizations needing cross-border protection. Its global corporate insurance plan provider, Allianz International Company & Specialty (AGCS), is strengthening its capabilities, which includes a new industry-going through workforce as properly as committed investments in knowledge and technology, and will expand its consumer solutions.

To assistance its Multinational consumers, AGCS has moved the Administration Board responsibility to the ‘Regions and Markets’ area led by Henning Haagen, who oversees current market-struggling with activities together with distribution. The new AGCS Multinational set-up also involves a strengthened world wide management staff and increased regional responsibilities. Male Money, now Worldwide Head of Product or service at AGCS, has been appointed World Head of Multinational Company.

The properly-set up AGCS Captive Solutions workforce, led by Brian McNamara, will be integrated into the Multinational small business to serve shoppers with a wide assortment of expert services from regular, multi-line global packages to captive fronting and reinsurance as nicely as hybrid combos of traditional and choice threat transfer.

“With our new technique and established-up, built-in with the network energy of Allianz Group, we are effectively positioned to seize new enterprise in this refined segment of company insurance coverage. This ambition is pretty a lot in line with our general sector leadership aspiration,” says AGCS Main Government Officer Joachim Mueller.

New AGCS Multinational crew

Additional vital leadership appointments in the new AGCS Multinational staff include Jayesh Patel who is main the Multinational Marketplace Observe Group. He and his regional representatives will operate carefully jointly with AGCS’ worldwide and regional distribution teams to drive business improvement in focus on marketplaces. Karol Dobias continues to be in cost of the Business Excellence unit accountable for international requirements, efficiency tracking and steering. The Network Administration Staff is overseen by Melanie Windirsch, who is accountable to produce nearby providers across all community international locations. Nigel Leppitt will oversee the Multinational transformation application.

About Allianz World Company & Specialty

Allianz World Corporate & Specialty (AGCS) is a foremost international corporate insurance coverage provider and a critical organization device of Allianz Team. We supply chance consultancy, House-Casualty insurance policies remedies and alternative chance transfer for a huge spectrum of professional, company and specialty pitfalls throughout 9 focused lines of business enterprise and 6 regional hubs.

Our clients are as numerous as enterprise can be, ranging from Fortune World-wide 500 firms to small corporations. Between them are not only the world’s most significant client models, money institutions, tech firms and the worldwide aviation and transport field, but also satellite operators or Hollywood movie productions. They all look to AGCS for wise alternatives and international packages to their greatest and most sophisticated threats in a dynamic, multinational business surroundings and rely on us to supply an remarkable claims encounter.

All over the world, AGCS operates with its have groups in a lot more than 30 nations around the world and by the Allianz Team community and companions in around 200 international locations and territories, employing all around 4,250 persons. As just one of the biggest Home-Casualty models of Allianz Team, we are backed by sturdy and steady money ratings. In 2021, AGCS created a full of €9.5 billion gross high quality globally.

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Perspective supply model on businesswire.com:https://www.businesswire.com/information/residence/202
20714005271/en/

Make contact with: Sabrina Glavan

Allianz Worldwide Company & Specialty

973-876-3902

[email protected] Burke

Stanton

631-681-8770

[email protected]

Key phrase: UNITED STATES NORTH The us NEW YORK

Market Keyword: OTHER Specialist Solutions Qualified Providers Insurance policies FINANCE

Supply: Allianz International Corporate & Specialty

Copyright Enterprise Wire 2022.

PUB: 07/14/2022 08:54 AM/DISC: 07/14/2022 08:54 AM

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