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Allianz bolsters construction unit with internal senior hires

Allianz bolsters construction unit with internal senior hires | Insurance Business

Allianz bolsters construction unit with internal senior hires

Allianz has added Karen Boothroyd (pictured) and Jonathan Oldfield to the senior management team of its Engineering, Construction & Power unit.

Boothroyd, who has overall responsibility for the distribution, underwriting, and operations for the enlarged Northern region in her capacity as regional manager – North, will now also be in charge of overseeing Scotland, Ireland, the Midlands, and South West. She has been with Allianz since 2004 and joined Engineering, Construction & Power last year.

Oldfield, meanwhile, will take on additional responsibilities in respect of the insurer’s strategic partners on top of his remit as regional manager – South for Allianz Engineering, Construction & Power. He started out at the unit as a development underwriter in 1997.

Their expanded roles come following the retirement of Stephen Albutt, former head of engineering regions, last month.

“We’re very grateful to Steve for the excellent job he has done in leading our trading regions, and he certainly leaves our business in a very strong position,” commented Chris Little, Allianz’s director of Engineering, Construction & Power. “We wish him all the best for the future.

“I’m delighted to welcome Karen and Jonathan to our senior management team. They both have a wealth of experience and excellent knowledge of the Allianz business, so I’m really looking forward to working closely with them to ensure the continued success of our trading regions.”