Allianz Global Corporate & Specialty (AGCS) News

People Moves: AGCS Promotes Major for Claims – London & Nordics; Conduit Re CRO’s Role Expands to Include Climate Initiatives; WTW Names Keville Head of FINEX GB FI

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Conduit Re, and Willis Towers Watson (WTW). A summary of these announcements follows here. AGCS Promotes Major to Regional Head of Claims, London and Nordics …

People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of Global Political Violence & Hostile Environment Solutions, based in London. This unit is part of AGCS’s Property line of business …

Multiple Marine Insurance Claims Expected From War in Ukraine: Allianz

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday. Two seafarers …

People Moves: Former Pool Re CEO Enoizi Named Carpenter’s Head of Public Sector; AGCS Hires BHSI’s Maxwell as Global Head of Financial Lines

This edition of Internation People Moves details appointments at Guy Carpenter and Allianz Global Corporate & Specialty. A summary of these new hires follows here. Former Pool Re CEO Enoizi Named Carpenter’s Head of Public Sector Guy Carpenter, the reinsurance …

People Moves: IOA Names 6 Regional Execs; DeFelice Heads Aon’s U.S. Construction; Stephens Named Cyber Leader at Allianz

Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of six regional presidents to its leadership team. The appointees to regional president include: Nathan Brainard – Central Florida Region Michael …

Cyber, Business Interruption, Natural Disasters Ranked as Top 3 Business Risks: Allianz

A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three perils to the top of the list of global business risks in this year’s Allianz Risk Barometer. Cyber incidents top …

People Moves: Aon Recruits WTW’s James as Chief Broking Officer, Commercial Risk UK; Allianz’ Strong to WTW as Head of Environmental; AGCS Promotes Yee for TMT

This edition of International People Moves details appointments at Aon, Willis Towers Watson and Allianz Global Corporate & Specialty (AGCS). A summary of these new hires follows here. Aon Recruits James from WTW as Chief Broking Officer, Commercial Risk UK …

People Moves: AGCS Promotes Williams to CUO Corporate, Succeeding Buckle; Aon Names Irl to U.S. Reinsurance Treaty Team; AXIS’ Gorman to Arrow Risk Mgmt

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty, Aon’s Reinsurance Solutions team and Arrow Risk Management. A summary of these new hires follows here. AGCS Promotes Williams to CUO Corporate, Succeeding Buckle Allianz Global …

AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners

Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online marine insurance service designed for UK leisure vessel owners in collaboration with insurtech company Visicover. Visicover’s web-based service lets customers …

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and U.S. …