-
Ulrich Kadow will be appointed as AGCS Global Head of Marine while
continuing to oversee the Canadian AGCS business as Chief Agent until
a successor is confirmed. -
Tom Fadden, currently Regional Head of Aviation for Regional Unit
London, will be appointed as AGCS Global Head of Aviation.
NEW YORK–(BUSINESS WIRE)–Allianz
Global Corporate & Specialty SE (AGCS) is rearranging roles in
the management team of its Specialty business segment. Effective July 1,
2019, Ulrich Kadow will be appointed as AGCS Global Head of Marine.
Effective immediately, Tom Fadden will be appointed as AGCS Global Head
of Aviation.
Both will report directly to Chief Underwriting Officer Specialty Paul
O’Neill who will directly oversee the Energy Line of Business on an
interim basis.
Chief Underwriting Officer Specialty and AGCS Board Member Paul O’Neill
says, “I welcome both Tom and Ulrich to the Specialty leadership team.
They are both well connected with clients and brokers globally and bring
a strong management track record as well as profound underwriting
expertise. I have every confidence that together we will further drive
growth and profitability in our Specialty business in the future.”
Currently Chief Agent of AGCS Canada, Ulrich Kadow will take over from
current Global Head of Marine and Energy Simon Buxton, who leaves
Allianz to pursue other opportunities outside the company. Until a
successor in Canada is confirmed, Ulrich Kadow will maintain a dual
leadership role for both the country and Marine Line of Business
responsibilities.
Mr. Kadow has led AGCS’ Canadian business since May 2015, after
originally joining AGCS in 2006. During his 13 years with the company,
he has held a variety of positions within AGCS in Europe, Asia and North
America and directly prior to his move to Toronto, was Global Head of
Package & Multiline where he established the mid-market Property,
Liability and Engineering business in Canada, Asia, South Africa,
Australia and Denmark. He has an MBA from Columbia Business School and
an M.S in Computer Science from University of Technology Munich TUM. He
also holds a Chartered Property Casualty Underwriter designation.
Currently Regional Head of Aviation for Regional Unit London and Global
Airline Product Leader, Tom Fadden will succeed Michael Hansen, who
leaves Allianz later this year. He will maintain his regional leadership
role on an interim basis.
Joining Allianz in 2004, Mr. Fadden has held his current leadership
roles since June 2016. Prior to that, he held a variety of aviation
insurance roles, including Senior Airline Underwriter, Airline
Underwriting Manager and Global Airline Product Leader responsible for
airline portfolio strategy and steering globally. With more than 30
years of aviation insurance experience, he started his career at British
Aviation Insurance Group/Global Aerospace where he held roles as Product
Underwriter and Senior Airline Underwriter. He holds an Associateship of
the Chartered Insurance Institute.
About Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty (AGCS) is a leading global
corporate insurance carrier and a key business unit of Allianz Group. We
provide risk consultancy, Property-Casualty insurance solutions and
alternative risk transfer for a wide spectrum of commercial, corporate
and specialty risks across 12 dedicated lines of business.
Our customers are as diverse as business can be, ranging from Fortune
Global 500 companies to small businesses, and private individuals. Among
them are not only the world’s largest consumer brands, tech companies
and the global aviation and shipping industry, but also wineries,
satellite operators or Hollywood film productions. They all look to AGCS
for smart answers to their largest and most complex risks in a dynamic,
multinational business environment and trust us to deliver an
outstanding claims experience.
Worldwide, AGCS operates with its own teams in 34 countries and through
the Allianz Group network and partners in over 200 countries and
territories, employing over 4,400 people. As one of the largest
Property-Casualty units of Allianz Group, we are backed by strong and
stable financial ratings. In 2018, AGCS generated a total of €8.2
billion gross premium globally.
For more information please visit http://www.agcs.allianz.com/
or follow us on Twitter @AGCS_Insurance and LinkedIn.
Cautionary
Note Regarding Forward-Looking Statements
Contacts
Press:
Sabrina Glavan
Allianz Global Corporate & Specialty, NA
646
472 1510
[email protected]
Erin
Burke
Harden Communications Partners
631 239 6903
[email protected]
