Allianz World Company & Specialty (AGCS) has introduced the appointment of Gordon Browne as world head of specialty, efficient in April. Browne will report back to Shanil WIlliams, chief underwriting officer at AGCS.
In his new function, Browne will lead the underwriting and additional growth of AGCS’s specialty companies: aviation, vitality and building, leisure, and marine.
Collectively, the specialty companies represented almost 30% of the €11.2 billion (about $12 billion) in gross written premiums that AGCS underwrote in 2022.
The appointment displays the strategic significance of specialty in AGCS’s world enterprise and the alternatives created by Allianz’s integrated commercial strategy, the corporate stated. Underneath this technique, AGCS will associate intently with nationwide Allianz P&C corporations to current one face to the marketplace for business enterprise, with the brand new buying and selling title of Allianz Industrial.
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Gordon has nearly 20 years of business expertise within the US and the UK. He joins AGCS from AIG, the place he served as world head of vitality and building and head of North American specialty. Throughout his time at AIG, Gordon additionally served as UK head of vitality and building and world product line govt for vitality and engineered dangers. He has additionally held management positions at Liberty Worldwide Underwriters and Marsh.
“I’m delighted to welcome Gordon to our management workforce,” Williams stated. “Specialty clients are an necessary a part of our consumer base and, with the launch of Allianz Industrial, the second is true to spend money on and develop this space additional. Gordon will work with the specialty management workforce to strengthen our sturdy place on this section, in addition to guaranteeing that specialty performs a big function within the partnership with Allianz’s nationwide corporations as we develop the broader business enterprise.”
AGCS not too long ago launched a report spotlighting the risks in the entertainment sector, one among its specialty strains of enterprise.
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