Simon McGinn to step down as Allianz Commercial CEO
Authored by Allianz
Allianz Holdings has announced that Simon McGinn (pictured), CEO of Allianz Commercial is stepping down effective July 1st.
Simon joined Allianz in 2004 as a trading director before moving into the role of director, commercial broker markets. In 2013 he was appointed to the UK management board as general manager for Commercial and led the business through a revision of its strategy driving modernisation, profitability and a growth culture. In May 2016, he was appointed to the role of General Manager for Commercial and Personal businesses with responsibility for all of Allianz UK’s market strategy and trading business operations. Following a restructure in 2021 he was appointed CEO of Allianz Commercial.
Colm Holmes, Allianz Holdings CEO commented: “Not only has Simon a long history of driving success in our business he’s also been at the helm for milestones including Brexit, our joint venture with LV= and of course Covid-19. He leaves a substantial legacy and I’d like to thank him for his enormous contribution to Allianz UK.”
Simon McGinn added: “We have built a great business across both Commercial and Personal lines and I’m hugely proud of all we’ve achieved. It’s been wonderful to work with such fantastic people and I wish Colm, Nadia and all the team the very best as Allianz continues its transformation journey.”
The appointment of Nadia Côté as Commercial managing director UK, was announced in March as part of a new Globally integrated approach bringing together Allianz Global Corporate & Specialty (AGCS) UK, which focuses on large clients, and Allianz Holding’s UK commercial business under one strategy and approach.
About Allianz
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group, a leading integrated financial services provider and the largest property and casualty insurer in the world.
The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do.
Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.
Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey. Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz. youTalk-insurance sharing Allianz Insurance news and video