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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.

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