Allianz Global Corporate & Specialty (AGCS) has appointed Paul Schiavone as head of alternative risk transfer and Laura Coppola as regional head of financial lines for the North America region.
Schiavone, who will replace the departing Bill Guffey, will remain in firm’s the New York office, taking the global lead for the company’s centre for alternative risk transfer and non-traditional reinsurance and insurance.
In addition, Schiavone will continue to oversee long-tail lines of business for the firm’s North America business as regional head of corporate liability and financial lines.
Coppola will take on Schiavone’s previous role, and will also remain in the company’s New York office.
She has more than 20 years experience in senior and executive underwriting positions in management liability, including directors and officers insurance.
Schiavone commented: “Laura Coppola has been a major driver of the successful growth of our financial lines business in North America in recent years. She is well known to our clients and brokers across this market, and I’m looking forward to continuing to work with her as she takes the helm of our financial lines team.”