Anthony Vassallo to Regional Head of Energy & Construction for Regional Unit London and Nordics

Press release | September 16, 2021 | London
Anthony Vassalo

Allianz Global Corporate & Specialty (AGCS)  today announced the appointment of Anthony Vassallo as the new Regional Head of Energy & Construction for Regional Unit London and Nordics, effective immediately. 

In this role, Anthony will lead AGCS’ Energy & Construction business across the UK, Ireland, and Nordics with responsibility for the profitability of the portfolio and driving established and future solutions in these important areas of risk. He will report to Alfredo Alonso, Managing Director Regional Unit London and Nordics with an additional reporting line to AGCS’ Global Head of Energy & Construction.  Anthony remains based in the London office of AGCS, Allianz’s entity for large-scale corporate and specialty risks.  He succeeds Tracey Hunt who is leaving for an external opportunity outside the Allianz Group.

Since joining Allianz in 2003, Anthony has worked in specialty lines across the London Market, Europe, Asia and South America on both underwriting and distribution sides of the business. Prior to his most recent role as Regional Lead - Onshore Energy for RUL & Nordics, he was responsible for strategy within the Marine and Energy, CUO team based in London. Before this, Anthony led AGCS’ Marine and Energy team in South America, based in Rio de Janeiro.

Commenting on Anthony’s appointment, Alfredo Alonso, Managing Director for Regional Unit London and Nordics, AGCS said:

“Anthony is well known and respected in our markets and under his leadership, our Energy & Construction team’s expertise and knowledge is perfectly placed to respond to the fast-growing exposures of modern businesses.  His range of specialty experience and knowledge supports our focus on underwriting discipline, technical excellence and portfolio management.  This appointment demonstrates Allianz’s commitment to nurturing and developing our employees, highlights the strength of our internal talent and means we continue to be expertly positioned to support our clients’ and brokers’ needs in these vitally important areas of risk.  I very much look forward to continuing working together with Anthony in his new role.”

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing around 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.

Founded in 2008 and based in London, UK, the Nexus Group is a leading, independent, specialty Managing General Agent (MGA) group with a focus on niche insurance classes of business.

Nexus employs over 290 staff and is represented in nine countries: UK, Ireland, France, Germany, Italy, The Netherlands, USA, China (Hong Kong SAR) and Malaysia (Labuan FT).

For more information please visit: www.nexusunderwriting.com

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