Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Carsten Scheffel (pictured), currently CEO of AGCS for the Americas region, moves to London and Hugh Burgess, currently head of marine (Americas) for AGCS, takes over from Mr Scheffel in the Americas.
In his new role as CEO of AGCS's AG branch office in London, Mr Scheffel assumes responsibility for the major industrial and specialist insurance activities of AGCS in the UK, Ireland, Belgium, The Netherlands and its recently formed team in South Africa.
Mr Scheffel has worked at Allianz since 1978, and was previously Chief Agent of AGCS in Canada before moving to AGCS's Chicago offices in 2006.
He takes on this role in a continued phase of AGCS's succession planning which has seen Andreas Berger, the current CEO of the London branch, promoted to the AGCS AG Board.
Doug Pennycuick and Andreas Berger, AGCS's Chief Regions and Markets Officers, explained the move in a joint statement: "Carsten is a natural successor for the CEO regional unit London position, bringing over 30 years' experience to this role, and Hugh is an excellent fit for the Americas, being an established leader in this market already.
"The three months from now until October provide an effective transition period for a well-coordinated handover as they move into their new roles."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Tysers Live CEO Chapman steps down
Tysers has announced that Paul Chapman is stepping down from his post as chief executive of Tysers Live to pursue personal interests.
Rising labour costs leaving buildings underinsured
Shortages in skilled trades are forcing rebuild values up, potentially leaving buildings underinsured, according to RebuildCostAssessment.com.
Is it third time lucky for Axa as it merges divisions again?
Content Director’s View: With Axa UK and Ireland combining its personal and commercial businesses into one, Jonathan Swift reflects on why insurers often oscillate between splitting and merging these divisions, and what led the insurer to believe this latest move will pay off now despite similar attempts in 2005 and 2016.
Beazley to launch marine war consortium
Beazley is to launch a new marine war consortium, to provide up to $1bn (£740m) of Lloyd’s capacity amid the Iran War.
Q&A: Chris Methven, CyberCube
Chris Methven, the new CEO of CyberCube, reveals how fresh financial backing will allow his business to place bigger, longer-term bets on global expansion, deeper analytics and new capabilities.
Aviation market warned on pricing amid war risk surge
At the Marsh Aviation Summit, underwriters warned that escalating geopolitical risks and emerging non-kinetic threats are outpacing pricing in the aviation war market.
Flock launches first product post-Admiral acquisition
Insurtech Flock has announced its first product launch since its recently announced planned acquisition by Admiral.
Big Interview: Dan McNally, Tide
Dan McNally, SVP and CEO of Tide Insurance Services, tells Insurance Post what drew him to lead the business management platform’s foray into insurance and how he intends to make an impact in the market.