Maria Grace has been appointed as global head of property at Allianz Global Corporate & Specialty (AGCS), effective 17 May.
Reporting to Tony Buckle, chief underwriting officer corporate, Grace succeeds Thierry Portevin, who has led AGCS’ global risk consulting team since March.
In March, Portevin was promoted to global head of Allianz Risk Consulting. He will also report to Buckle.
As part of her new role, she will relocate to AGCS’ headquarters in Munich from the US where she is currently based.
Grace joins with more than 23 years of commercial underwriting and claims experience.
Most recently Grace worked at Everest Group, where she worked as chief underwriting officer for property and inland marine at the group’s insurance company.
Previously, Grace has also held numerous executive and managerial roles at Starr Companies, AIG North America and AIG’s Latin American and Caribbean division.
Buckle says: “We will all benefit from her experience and energy as we take corporate property forward and make the most of current market opportunities globally.”