News@agcs - Allianz Global Corporate & Specialty
News@agcs - Allianz Global Corporate & Specialty
News@agcs - Allianz Global Corporate & Specialty
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Board Member, Andreas<br />
Berger.<br />
2<br />
→AGCS Market<br />
Manager, Willem Van<br />
Wyk and a local broker<br />
at the event.<br />
Continued from page 1...<br />
This growth can be attributed to the shift in our risk<br />
appetite, particularly in the long-tail lines - Financial Lines<br />
and Liability, over the last 18 months. Aligning with the<br />
AGCS’s global business model to position ourselves as lead<br />
carriers within the primary market, we have developed<br />
a balance between achieving strong sales numbers and<br />
sound underwriting ethics, which have seen our business<br />
grow in this area.<br />
Few, if any, insurance companies are able to match our<br />
ability to offer clients such a harmonised approach to risk<br />
management on an international basis. With a network<br />
spanning across more than 150 countries, we are well<br />
positioned to harness the combined resources of not only<br />
AGCS but the <strong>Allianz</strong> Group. We operate on a single risk<br />
carrier focusing on international clients and benefiting<br />
from a single global balance sheet, a strong security rating<br />
and a clear and diverse business strategy.<br />
At a recent Town Hall, hosted by AGCS, visiting board<br />
member Andreas Berger, who is responsible for Regions<br />
and Markets, revealed our market segmentation strategy<br />
on mature and growing markets. AGCS will make better<br />
use of our existing <strong>Allianz</strong> network in Africa, which will also<br />
benefit our Australian clients. Over the last few months,<br />
we have explored how AGCS Pacific could better support<br />
Australian investors operating in Africa by leveraging<br />
our strong African footprint. We are in the process of<br />
developing an insurance offering and will inform our<br />
partners of this exciting development in due course.<br />
While in Australia, Andreas also met with key broking<br />
partners in Perth for the launch of our Financial Lines<br />
Team. Integral to the launch were the two key senior<br />
appointments - Neil Bowdrey, Manager, Financial Lines,<br />
Western Australia and Jack Chia, Senior Underwriter,<br />
Financial Lines, Western Australia. Both roles will report to<br />
the Regional Manager, Financial Lines, Bill Hassos.<br />
Neil has substantial experience in the broking and<br />
underwriting Financial Lines markets locally and<br />
internationally and will be responsible for managing and<br />
underwriting the AGCS Financial Lines products in<br />
Western Australia. While Jack, who has extensive<br />
knowledge of financial institutions and mining sectors ,<br />
will use his specialist background in the marketing and<br />
underwriting of Directors’ and Officers’ Insurance in<br />
Western Australia to ensure we continue to deliver the<br />
high level of service our brokers and clients expect.<br />
During the launch, Andreas also introduced Andrew<br />
Seeley has taken up a new joint position as Underwriting<br />
Manager Property / Energy. He is responsible for the<br />
development of the Energy portfolio in the Pacific region<br />
as an integral part of AGCS‘ growth strategy for Energy.<br />
This position enhances AGCS Pacific‘s commitment<br />
to existing clients and brokers whilst embracing the<br />
challenges of the large and mid-market Oil and Gas<br />
projects being developed in both Australia and New<br />
Zealand.<br />
The requirement to establish a Perth-based team and<br />
an Energy underwriter was identified through our Net<br />
Promoter Score (NPS), an annual survey that allows<br />
brokers and clients the opportunity to provide feedback.<br />
Further outcomes from our NPS survey are featured in this<br />
edition of News@AGCS, which collectively have assisted<br />
us in tailoring and driving our business to meet the needs<br />
of our brokers.<br />
With a strong global strategy, enhanced focus, and new<br />
resources, AGCS Pacific remains your committed and<br />
trusted partner in 2012. We thank you for your continued<br />
support and look forward to working even closer with you<br />
in the year ahead.<br />
Yours sincerely,<br />
Holger Schaefer General Manager,<br />
<strong>Allianz</strong> <strong>Global</strong> <strong>Corporate</strong> and <strong>Specialty</strong><br />
Board member meets with brokers<br />
During March 2012, AGCS Board member and Chief<br />
Regions amd Markets Officer, Andreas Berger, met with<br />
key broker partners at a series of meetings and events<br />
during his visit to Australia. At a key networking event<br />
aboard a cruise liner docked off Nielson Park in Sydney<br />
Harbour, Mr Berger met with with 35 brokers from AON,<br />
Marsh, Willis and JLT .<br />
Brokers were welcomed by the General Manager, AGCS<br />
Pacific, Holger Schaefer, “2011 was a year largely defined<br />
by natural catastrophic events, I want to express my<br />
appreciation to our brokers for their commitment and<br />
support in working with us to manage the outcomes of<br />
these events and the after effects.”<br />
Mr Berger also commented that ” following a sound<br />
performance in 2011 AGCS Pacific has well established<br />
itself as a lead insurer. Now more than ever we are<br />
focusing on our clients and I have full confidence that<br />
AGCS Pacific will continue to deliver a high quality service<br />
to all its clients when they need us most,” he said.