Allianz Global Corporate & Specialty News

People Moves

Guy Carpenter appoints CEO of GC Stockholm Guy Carpenter & Company, LLC, a global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, appointed Tobias Andersson as CEO of GC Stockholm, effective April 1, 2017. …

Allianz: Shipping Safety Hampered by Cyber Risks, Superstorms

Shipping losses continue their long-term downward trend with 85 total losses reported worldwide in 2015, according to the Allianz Global Corporate & Specialty (AGCS) fourth annual Safety and Shipping Review 2016, which analyzes reported shipping losses of over 100 gross …

Allianz Launches Motorsports Unit in North America

Building on its established presence in both film and TV productions as well as live events, Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS), announced the launch of a dedicated motorsports unit in North America to be …

Allianz Global Corporate & Specialty Launches Dedicated Transportation Unit in North America

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty launched a dedicated transportation and logistics unit in North America led by Helen Leonard, Inland Marine Global Product Leader. The new division will offer rail, motor truck cargo, warehouse and …

Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty named Bernard McNulty head of claims Canada effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a matrix report to Terry Campbell, regional …

Top Business Insurance Losses Revealed in New Allianz Report

Nearly 70 percent of business financial losses arise from 10 causes of loss, with the largest single identified cause being ship groundings, reflecting the high values of modern shipping risks, followed by fires and aviation crashes, according to a new …

Panama Canal Expansion Poses Billion Dollar Challenge for Ship Operators and Insurers

As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks that will arise from its plan to double the cargo-carrying capacity of ships transiting one of the world’s most important waterways. In a …

Competition for Tallest Building Not Without Risks

With the latest generation of high-rise buildings reaching new heights of close to 2,000 feet, the supertall construction boom is bringing new challenges as projects are built higher, faster and with increasing complexity. As the (re)insurer for many of the …

Allianz Names Kennedy Head of Corporate Property and Inland Marine Claims

Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty, announced the appointment of Steve Kennedy as head of Corporate Property and Inland Marine Claims, replacing Tony Clark who retired at the end of January 2014. Kennedy will manage a …

AGCS Restructures Global Claims Team

Allianz Global Corporate & Specialty SE (AGCS), the industrial and specialist risk insurer of Allianz Group, has created a new chief claims officer position on its Management Board, appointing Alexander Mack to this role effective April 1, 2014. Mack, who …