Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey

Article 0 Comments Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes supply chain disruption) is the major risk for companies for the seventh year in a row, […]

AGCS, Praedicat to Offer Product Safety Resource to Industrial Companies

Article 0 Comments Allianz Global Corporate & Specialty (AGCS), and Praedicat, an insurtech analytics company based in Los Angeles, have expanded their partnership to provide access to ChemMeta, Praedicat’s software product delivering science and regulatory risk analytics for industrial companies. ChemMeta allows both chemical manufacturers and those who incorporate chemicals […]

Browne and Hunt Named CEO and Deputy CEO of AGCS UK

Article 0 Comments Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has announced that Sinéad Browne will assume the role of AGCS UK CEO in addition to her responsibilities as chief regions and markets officer, subject to regulatory approval. Tracey Hunt has been appointed deputy CEO […]

Judge Nixes U.S. Suit Against Malaysia Airlines, Insure Allianz Over Plane Disappearance

Article 0 Comments A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable for the still-unexplained disaster. U.S. District Judge Ketanji Brown Jackson in Washington ruled on Wednesday […]

AGCS Taps Brewer from AIG, Promotes Tiplady, for UK Broker Relationship Team

Article 0 Comments Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, announced the appointments of Lee Brewer as senior broker relationship manager and Harriet Tiplady as broker relationship manager. Based in London within the Market Management team, they will have responsibility for pipeline […]

AGCS Divides Alternative Risk Transfer Team into 2 Units, Led by Boyd and Hohmann

Article 0 Comments In line with the growing importance of non-traditional insurance solutions for global businesses, Allianz Global Corporate & Specialty (AGCS) announced it is reshaping its Alternative Risk Transfer (ART) business into two new specialist teams. With effect from Nov. 1, 2018, the insurance-linked securities (ILS) markets team becomes […]

Allianz Global Corporate Adds Setzer, Johnson to Aviation Underwriting Team

Article 0 Comments Allianz Global Corporate & Specialty (AGCS) has hired Scott Setzer as an executive underwriter for Aviation, and Adam Johnson as an Aviation underwriter. Setzer will be based in Alpharetta, Georgia and Johnson in Denver. They will focus on strengthening relationships with brokers and clients, securing new business […]

AGCS Taps AIG’s Davì-Greer as Regional Head of Financial Lines

Article 0 Comments Allianz Global Corporate & Specialty (AGCS) has appointed Stefania Davì-Greer to head of Financial Lines for Regional Unit London (RUL). Based in London, Davì-Greer will join in October with responsibility for the strategic direction and management of AGCS’ financial lines portfolio throughout the RUL Region, which includes […]

Allianz Global Corporate & Specialty Expands Cargo Coverage

Article 0 Comments Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Project Cargo offering through a direct partnership with its Engineering division. The new collaborative approach will allow AGCS to provide continuous end-to-end coverage for companies managing unique and complicated risks under one single […]

Allianz Global Corporate & Specialty to Offer Drone Safety Products Through ParaZero

Article 0 Comments Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of drones. This partnership is scheduled for initial roll out in the U.S. market followed by […]