- Joining during Q1 2024, Elke Vagenende to be Commercial Managing Director Benelux & Nordics, leading Allianz’s Commercial insurance business across this region
- Allianz will move to an integrated approach for its Commercial business across Benelux & Nordics, serving mid-sized companies, large corporates and specialty risks with one go-to-market approach
Elke Vagenende
Allianz Commercial has appointed Elke Vagenende as Commercial Managing Director for its ‘Benelux and Nordics’ region. She will re-join Allianz from her current role at AIG during Q1 2024 to lead this newly established region, and will represent Allianz’s full set of Property and Casualty insurance solutions for mid-sized companies, large corporations, and specialty clients in the market. This Benelux & Nordics region will service customers across Belgium, Netherlands, Luxembourg, Sweden, Denmark, Finland, and Norway.
Allianz announced on March 10, 2023 that it will serve the global commercial insurance segment as one go-to-market business, combining the Allianz Global Corporate & Specialty (AGCS) business serving large corporate and specialty clients together with the insurance businesses of Allianz’s operating entities serving mid-sized country-based accounts. Allianz will now introduce this model to its AGCS and national businesses across the Benelux & Nordics region, using the trading name of ‘Allianz Commercial’ under Vagenende’s leadership to better serve clients and brokers across the full Commercial insurance segment.
In her new role as Commercial Managing Director Benelux & Nordics, Elke Vagenende will report to Dirk Vogler, Board Member of AGCS SE and Allianz Commercial Chief Regions & Markets Officer, in conjunction with Joos Louwerier, CEO Allianz Benelux.
Dirk Vogler, Chief Regions and Markets Officer for Allianz Commercial comments: “I am delighted to welcome Elke back to Allianz – she’s a top executive in the market with a proven track record of delivery. With her appointment, this also marks a significant milestone – the completion of our regional leadership team across our 11 regions.”
Joos Louwerier, Regional CEO Allianz Benelux adds: “It is good to have Elke on board. With her leadership we will be able to build an even stronger and more integrated team to serve the Allianz Commercial specialty clients, large corporations- and mid-sized companies in the future in the Benelux and Nordics regions.”
Vagenende, a Belgian national and qualified lawyer, rejoins Allianz Group from AIG, where she has been Global Head of Multinational since February 2021, and previously Head of FINEX Western Europe for Willis Towers Watson from 2018 to 2021. Prior to that, she spent six years with Allianz Global Corporate and Specialty in a variety of senior market facing roles, including Head of Market Management UK, Head of Financial Institutions and Head of Product Development both for Financial Lines.
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About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.
Powered by the employees, financial strength, and network of the world’s #1 insurance brand Allianz, as ranked by Interbrand, we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.
The trade name Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the Allianz Group network and partners. In 2022, the integrated business of Allianz Commercial generated more than €19 billion gross premium globally.
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