Allianz Global Corporate and Specialty (AGCS), Allianz Group’s specialist corporate insurer, has appointed Sinead Browne as UK CEO and Tracey Hunt as deputy UK CEO.
Subject to regulatory approval, both appointments will take effect from 1 January 2019.
Alongside their new roles, Browne will continue in her role as chief regions and markets officer and Hunt will continue in her role as regional head of energy for regional unit London.
Hunt succeeds current AGCS UK CEO Brian Kirwan, who will leave at the end of 2018 and will report directly to Browne.
Hunt will have oversight across all of AGCS’ lines of business and will oversee key client and broker relationships in the UK.
Hunt succeeds current AGCS UK CEO Brian Kirwan, who will leave at the end of 2018.
AGCS reshaped its alternative risk transfer business as part of a growth strategy in the alternative risk market in November.
She joined AGCS as head of growth markets, energy, in September 2012 and took up her current position of regional head of energy since 2015.
Browne joined Allianz Group in 1993 and has held progressively senior roles in underwriting, organisational and strategy development and operations at Allianz Ireland, Allianz SE and Allianz Re.
She joined the AGCS board in 2012 as COO, before moving to her current chief regions and markets officer earlier this year.
Browne thanked Kirwan for his contributions and wished him the best for his future.
She commented: “Under Brian Kirwan’s leadership AGCS UK is positioned strongly for the future.”
Browne added: “I’m very pleased to welcome Tracey Hunt to the position of deputy CEO for the UK.” “With over 20 years of working in insurance, her wide-ranging market experience across underwriting, broking, claims, and consultancy is an ideal fit for the role.”
“We will work closely together in partnership with clients and brokers to drive the business forward and continue to deliver innovative solutions to help our customers navigate the complex world of current and emerging business risks.”