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Allianz duo to deliver new broker strategy

Press release -

Allianz duo to deliver new broker strategy

Allianz Commercial has promoted Harriet Allen and Vicky Barrett to the new positions of broker segment manager to lead the delivery of Allianz’s segmentation proposition

Allianz Commercial is creating two roles within broker distribution management as part of its segmentation strategy. Working collaboratively with regional and head office teams, the two broker segment managers will be key to delivering profitable growth across the Broker Partner and Prime Partner segments.

Harriet Allen will focus on growing relationships with the independent and network Broker Partners throughout the UK. She will also build and strengthen the account developer community with a view to delivering outstanding service to the needs of this broker segment.

Vicky Barrett will develop tailored propositions for larger independent brokers already within the Prime Partner segment. She will work closely with the regions to drive high performance in this segment to expand the trading footprint, diversify the portfolio and create a bespoke relationship lead service for Prime Partners.

Harriet joined Allianz in 2015 as a management trainee and has since worked in a variety of senior roles across the commercial business, including motor underwriter, Woking and senior business developer, Southampton. In her most recent position as distribution manager for Newcastle, she led the sales team supporting brokers of all sizes from high-street to global businesses. She has a strong history of developing relationships and growing accounts, as well as promoting the reputation of the industry through mentoring and working with the Chartered Insurance Institute (CII) as a careers officer.

Vicky joined Allianz in 2010 following a claims role at independent broker Noyce Livett (now part of Tysers). During her Allianz career she has held a number of roles across claims and distribution, gaining wide exposure to the branch network and individual markets. In 2014 she began her role as a senior business developer, initially joining the Milton Keynes team before moving to Luton and later Birmingham. Most recently, as distribution consultant, she played a key part in shaping Allianz’s national distribution strategy and proposition development. She contributed to the review of the network strategy and development of the new segmentation model.

Nick Hobbs, chief distribution officer commented: “These new roles have been created as part of our strategic investment in our broker support and segment model and I’m thrilled to be able to announce Harriet and Vicky as the inaugural title holders. They are pivotal to how we’ll take the strategy forward and are fantastically well placed to do just that. Our ambition is to build better partnerships right across these segments and we’re off to an exciting start.”

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About Allianz Holdings plc

Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 716 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage nearly 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2021, over 155,000 employees achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.
** As of June 30, 2022

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Contacts

Amy Yorston

Amy Yorston

Press contact PR Consultant 07794266474

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