Allianz Commercial names chief distribution officer in the UK

He takes on an expanded role

Allianz Commercial names chief distribution officer in the UK

Insurance News

By Mika Pangilinan

Allianz has announced the appointment of Nick Hobbs (pictured) as chief distribution officer for Allianz Commercial in the UK, effective immediately.

In this expanded position, Hobbs will oversee all aspects of distribution for Allianz Commercial across Britain, encompassing large-corp, specialty, mid-corp, digital/SME, and engineering inspection.

The appointment comes as part of Allianz’s recent efforts to serve the global commercial insurance segment under a unified strategy, integrating the Allianz Global Corporate & Specialty (AGCS) business serving large corporate clients with its businesses serving mid-sized, country-based accounts.

Hobbs brings over 30 years of industry experience to his new role. He joined Allianz in 2001 and held various positions within AGCS in the UK, Europe, and North America. In 2011, he transitioned to Allianz UK as the head of strategic account management and later assumed the role of director, broker markets. In July 2021, he was named chief distribution and regions officer for Allianz Holdings’ commercial business in the UK.

Nadia Côté, commercial managing director UK, commented on Hobbs’ appointment and emphasised the strategic significance of the new post.

“Creating this chief distribution officer role across all our commercial areas in the UK will simplify things for our clients and distribution partners and reinforces our desire to establish Allianz as a clear leader in the commercial market in the UK,” said Côté.

“Nick is the natural choice for the role drawing on his extensive experience, and I’m very much looking forward to working together to unlock the full power of Allianz for all our customers.”

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