Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS global head of Marine. Effective immediately, Tom Fadden will be appointed as AGCS global head of Aviation.
Both will report directly to Paul O’Neill, chief underwriting officer Specialty.
Currently chief agent of AGCS Canada, Ulrich Kadow will take over from current global head of Marine and Energy, Simon Buxton, who leaves Allianz to pursue other opportunities outside the company. Until a successor in Canada is confirmed, Ulrich Kadow will maintain a dual leadership role for both the country and marine line of business responsibilities.
Kadow has led AGCS’ Canadian business since May 2015, after joining AGCS in 2006. During his 13 years with the company, he has held a variety of positions within AGCS in Europe, Asia and North America. Directly prior to his move to Toronto, he was global head of Package & Multiline where he established the mid-market property, liability and engineering business in Canada, Asia, South Africa, Australia and Denmark.
He has an MBA from Columbia Business School and an M.S in Computer Science from University of Technology Munich TUM. He also holds a Chartered Property Casualty Underwriter designation.
Currently regional head of Aviation for Regional Unit London and global airline product leader, Fadden will succeed Michael Hansen, who leaves Allianz later this year. He will maintain his regional leadership role on an interim basis.
Joining Allianz in 2004, Fadden has held his current leadership roles since June 2016. Prior to that, he held a variety of aviation insurance roles, including senior airline underwriter, airline underwriting manager and global airline product leader responsible for airline portfolio strategy and steering globally.
With more than 30 years of aviation insurance experience, he started his career at British Aviation Insurance Group/Global Aerospace where he held roles as product underwriter and senior airline underwriter. He holds an associateship of the Chartered Insurance Institute.
Source: Allianz Global Corporate & Specialty (AGCS)
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