Allianz Global Corporate & Specialty SE (AGCS SE), the industrial insurer for Allianz Group, has announced a realignment of its board of management focusing on responsibilities for regions and markets as well as underwriting and claims functions.
Effective July 01, the number of chief regions & markets officers (CRMO) on the AGCS SE board of management will be reduced from three to two. Henning Haagen, current chief underwriting specialty officer, will take responsibility for all AGCS regional units outside North America as CRMO for Regional Group 1, which includes Africa, Asia-Pacific, Central and Eastern Europe, the Mediterranean region, Regional Unit London, and South America. William Scaldaferri will be CRMO for Regional Group 2, and will continue to head the North America Regional Group. Each will be responsible for approximately half of AGCS’s business in terms of gross premium income, the company said.
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