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
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
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