Grant Maxwell to lead Alternative Risk Transfer at AGCS

Grant Maxwell appointed as Global Head of Alternative Risk Transfer at AGCS reporting to Chief Underwriting Officer Corporate Tony Buckle

Non-traditional risk transfer solutions increasingly important for multinational corporations

Effective immediately, Grant Maxwell will be appointed as Global Head of Alternative Risk Transfer at Allianz Global Corporate & Specialty (AGCS), reporting directly to AGCS SE Board Member and Chief Underwriting Officer Corporate Tony Buckle. Since February 2020 Maxwell has led the global Alternative Risk Transfer (ART) team on an interim basis. AGCS’ ART line of business provides structured (re)insurance solutions including fronting solutions tailored to companies’ specific needs.

AGCS Chief Underwriting Officer Tony Buckle says “I look forward to working with Grant and his team to further evolve ART’s client offering and global model. AGCS focuses on serving large, multinational companies – and these are increasingly seeking innovative solutions to protect their earnings and cash flow risks or to cover unusual or complex risks, where traditional insurance products are inadequate. Therefore, ART solutions are an increasingly important differentiator for AGCS in the market.” 

ART Head of Underwriting & Portfolio Management since May 2019, Maxwell originally joined AGCS in March 2008 and was Regional Head of ART for AGCS’ Regional Unit London and also Head of ART Deal Management since February 2010. Prior to his time with AGCS, he held senior underwriting roles at XL Capital, Gerling and St Paul Re. Prior to that he was an actuarial consultant at Tillinghast, a unit of Willis Towers Watson. Maxwell is a graduate in Actuarial Mathematics & Statistics from Herriot-Watt University in Edinburgh, Scotland and is a Fellow of the Institute & Faculty of Actuaries.

Authored by Allianz Global Corporate & Specialty