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Allianz GCS appoints regional energy and construction head

Allianz GCS appoints regional energy and construction head | Insurance Business UK

Allianz GCS appoints regional energy and construction head

Allianz Global Corporate & Specialty (AGCS) has appointed Anthony Vassallo (pictured above) as regional head of energy and construction of its London and Nordics regional unit. He succeeded Tracey Hunt, who has left the company.

In this role, Vassallo leads the insurer’s energy and construction business in the UK, Ireland and Nordic countries. He reports to Alfredo Alonso, managing director, regional unit London and Nordics, with an additional reporting line to AGCS’ global head of energy and construction. Vassallo continues to be based in London.

“Anthony is well known and respected in our markets, and under his leadership, our energy and construction team’s expertise and knowledge is perfectly placed to respond to the fast-growing exposures of modern businesses,” Alonso said. “His range of specialty experience and knowledge supports our focus on underwriting discipline, technical excellence and portfolio management. This appointment demonstrates Allianz’s commitment to nurturing and developing our employees, highlights the strength of our internal talent and means we continue to be expertly positioned to support our clients’ and brokers’ needs in these vitally important areas of risk. I very much look forward to continuing working together with Anthony in his new role.”

Vassallo joined Allianz in 2003 and has worked in specialty lines across the London, European, Asian and South American markets on both underwriting and distribution sides of the business. He was most recently regional lead – onshore energy for RUL and Nordics. He previously led AGCS’ marine and energy team in South America, based in Rio de Janeiro.