Allianz Global Corporate & Speciality (AGCS) has appointed Grant Maxwell as global head of alternative risk transfer (ART), effective immediately.
Reporting to chief underwriting officer Tony Buckle, Maxwell has led the global ART team on an interim basis since February of this year, to provide clients with structured (re)insurance solutions.
Maxwell joined AGCS in 2008 as regional head of ART for the firm’s London unit. He most recently held the position of ART head of underwriting and portfolio management.
Buckle commented: “I look forward to working with Grant Maxwell and his team to further evolve ART’s client offering and global model.”
“AGCS focuses on serving large multinational companies, who are increasingly seeking innovative solutions to protect their earnings and cash flow risks or to cover unusual or complex risks, where traditional insurance products are inadequate. Therefore, ART solutions are an increasingly important differentiator for AGCS in the market,” he added.
