Press release -
Allianz UK announces executive leadership changes
Allianz UK today announces the following executive leadership changes:
- Ulf Lange has been appointed as Managing Director of Personal Lines*. Ulf, who has held the role of Chief Financial Officer since 2023, will take up the position on 1 December.
- Michael Ruf has been appointed as Chief Financial Officer*. Michael, who joins from Allianz SE in Munich, has an extensive career in finance roles spanning more than a decade. Michael will join Allianz UK on 1 December.
- Serge Raffard, current Managing Director of Personal Lines, is taking on a new role for Allianz, as General Manager, leading the team responsible for achieving Allianz’s growth ambitions in India.**
- Suzanne Scott, formerly Chief People and Corporate Responsibility Officer for Axa UK and Ireland, has been appointed as Chief People & Culture Officer for Allianz UK. Julie Harrison, who has held the role since 2020, has decided now is the right time to move onto her next venture outside of Allianz.
- David Kelly has been appointed as Chief Audit Officer* and will join Allianz UK in the new year. David joins from Brit Insurance and takes over from Matt Cox, who was appointed as Chief Claims Officer in January.
Colm Holmes, Allianz UK CEO, said:
“I’m delighted to announce these senior appointments. These are positive moves for the individuals involved as well as for Allianz UK. They act as a reminder of the strength of talent we can attract and of the global development opportunities that we can access as part of Allianz Group.
“Ulf’s experience as our Chief Financial Officer since 2023 means he has a deep knowledge and understanding of our business, the UK market and good relationships with our distribution partners. With his strength as a leader, he’s well placed to lead our personal lines business through its exciting next phase of development, as well as maintaining profitability for sustainable growth.
“I’d like to thank Serge and Julie for the work they have done to set up Allianz UK for future success. I wish Serge luck in his new role in India, and I send Julie a huge thank you for everything she’s done since she joined us five years ago. Both leave Allianz UK with my best wishes and heartfelt thanks.
“Lastly, I’d like to welcome Michael, Suzanne, and David, to Allianz UK. I’m excited by this next chapter and feel confident we have a strong leadership team with a clear strategy for what we want to achieve together as we get fit for the future. “
*Subject to regulatory approval
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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 around 128 million* private and corporate customers in nearly 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 776 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.9 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 2024, over 156,000 employees achieved total business volume of 179.8 billion euros and an operating profit of 16.0 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of December 31, 2024.
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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’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including related integration issues and reorganization measures, and (xii) 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.
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