Press release -
Allianz UK appoints chief underwriting officer and chief technical officer for Commercial
Allianz UK has announced two appointments to its Commercial arm, covering Mid Corp, Fleet and Digital/SME. Adam Lloyd will join as the new chief underwriting officer and Claire Buck as chief technical officer, a newly created role, both effective from 14 April.
They will report to Phuong Ly, the newly appointed Managing Director for Allianz Commercial in the UK, who starts on April 1. These appointments are subject to regulatory approval. Both Adam and Claire are internal appointments and reflect Allianz's commitment to leveraging internal talent and global mobility.
Adam has a wealth of underwriting experience and over 15 years with Allianz Australia, holding roles in both underwriting and sales. Most recently Adam has been instrumental in shaping the portfolio strategy and underwriting governance.
Claire, with nearly two decades at Allianz UK, is expertly placed to become CTO from her extensive experience gained across various functions including SME/Digital, Underwriting, the Executive Office and Business Architecture.
Nick Hobbs, Managing Director (Interim) of Allianz Commercial, UK, comments: “Underwriting risk and technical excellence is at the heart of everything we do so these are important roles for our Commercial business. I’m confident that both Adam and Claire will excel in their new roles. With both having experience of Allianz and more importantly, extensive expertise in their areas, I am convinced that they will contribute to the company's continued success and innovation in the insurance sector, we look forward to them starting their new roles here at Allianz UK soon under Phuong’s leadership.”
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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 125 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 741 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 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 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
**As of June 30, 2024.
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