As risk director, Maxwell will have responsibility for overseeing all risk matters within the commercial lines business and will also serve as a member of the commercial executive committee. He will report to Allianz Holdings chief risk officer John Berry.
Maxwell brings with him more than 30 years of experience in the market. He joins Allianz from PwC, where he served as partner in its insurance risk advisory practice. He also previously served as interim CRO at MS Amlin. Maxwell had also spent many years in several operational and advisory roles as a risk management specialist in companies like EY and Marsh. He also served as CRO at BG Group.
“James brings vast industry experience and insight to Allianz from his previous career in financial services and beyond,” said John Berry. “I am delighted that James has agreed to join Allianz.”
“I’m really pleased to be joining Allianz in this role,” commented Maxwell on his appointment. “Working within the world’s largest insurer, I’ll have the opportunity to make a real difference to the way we manage risk both in the UK and more widely. It’s a great time to be doing so, considering the uncertainty facing us in our macro environment and I look forward to working with John and the wider risk team, as well as my fellow executives and everyone else within Allianz.”
For the third quarter of 2022, Allianz posted total revenues of €34.8 billion – up 1.3% from Q3 2021. Meanwhile, for the nine months of 2022 it reported total revenues of €116 billion – an increase of 5.3% from the first nine months of 2021.
