Luke Baker
Allianz Global Corporate & Specialty (AGCS) today announced the appointment of Luke Baker as the new Regional Head of Liability for Regional Unit London and Nordics. He will join AGCS, Allianz’s entity for large-scale corporate and specialty risks, early in the new year, 2021.
In this role, Luke will lead AGCS’ Liability business across the UK, Ireland, Nordics and the Middle East with responsibility for the profitability of the portfolio. He will report to Alfredo Alonso, Managing Director Regional Unit London and Nordics with an additional reporting line to Ciara Brady, Global Head of Liability, and be based out of the company’s London office. Luke will take over from Jon Prowse, Interim Regional Head of Liability, who resumes his role as Executive Liability Underwriter and Regional Practice Group Leader, Liability for Oil & Gas, PharmChem, Food & Beverage.
Currently Casualty Underwriting Director at Generali, Luke brings over 17 years’ insurance industry experience to his new role. He began his career with brokers Willis then Marsh, before moving to RSA, holding a number of roles of increasing seniority across multiple lines of business. He joined Generali in his current role in early 2019 where he is responsible for the Casualty portfolio spanning much of Europe, UK, Asia and the USA.
Commenting on Luke’s appointment, Alfredo Alonso, Managing Director for Regional Unit London and Nordics, AGCS said: “I’m delighted Luke is joining AGCS in our region. He is well known and respected in our markets and under his leadership, our Liability team’s expertise and knowledge is perfectly placed to respond to the fast-growing liability exposures of modern businesses. His appointment demonstrates our continued commitment to our Regional Unit London and Nordics Liability clients and brokers.”
Ciara Brady, Global Head of Liability, AGCS, added: “Luke’s wealth of experience and knowledge supports our focus on underwriting discipline, technical excellence and portfolio management across all elements of Liability risk. His strong track record of delivery will support our drive for profitability while ensuring we continue to serve our customer through our wide range of general and specialist liability insurance solutions. I very much look forward to welcoming him to the team and working together.”
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Ailsa Sayers
Regional Head of Communications & Marketing
London & Nordics
London & Nordics
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About Allianz Global Corporate & Specialty
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 wineries, 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 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.
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