Allianz Global Corporate & Specialty SE (AGCS) has shuffled the leadership of its alternative risk transfer (ART) and liability lines of business.
Christof Bentele, who was most recently head of global crisis management, has been promoted to the newly created position of head of global client management for ART.
With Bentele’s new role, the head of global crisis management job has been split into two positions: Björn Reusswig has been named head of global political violence and hostile environment solutions, and Stewart Eaton appointed as head of global crisis management recall.
In his new role, Bentele will oversee the management of existing and new client/broker relationships across the global ART portfolio. He will be based in New York and will report directly to AGCS global head of ART Michael Hohmann.
Bentele joined AGCS in 2014 to launch the AGCS crisis management practice. As head of global crisis management, he built a global team of experts and helped grow the AGCS business in the areas of product recall and contamination, terrorism and political violence. Before joining AGCS, Bentele spent over 20 years in a number of leadership roles in the insurance industry.
Reusswig, meanwhile, will oversee AGCS’s global product offering for coverages such as terrorism and sabotage, terrorism liability, political violence as well as special contingency and other hostile environment solutions, as part of his new responsibilities. He joined AGCS in 2015 as an executive underwriter for terrorism and political violence products. Before AGCS, he held various underwriting roles for a Lloyd’s syndicate for 11 years.
Finally, Eaton joined AGCS in 2016 as head of product recall for the London regional unit. He had previously served in underwriting positions for AIG and Lloyd’s syndicates for 18 years, specializing in product recall and contaminated products solutions.
Both Reusswig and Eaton will report to AGCS global head of liability Chiara Brady.