Allianz Business, a part of world insurer Allianz, has introduced the appointment of Lara Martiner as International Head of Various Danger Switch at Allianz International Company & Specialty SE (AGCS), efficient April 1st, 2025, succeeding Grant Maxwell, who’s leaving the German insurer on the finish of June.
Martiner may even keep her present position as Chief Government Officer (CEO) of AGCS subsidiary, Allianz Danger Switch AG.Martiner has been with Allianz Group for over 14 years, having joined the corporate in 2011 as Authorized Counsel, Head of Compliance, and site head in Zurich.
All through her profession, she has held a number of senior roles inside AGCS and its Various Danger Switch division, together with becoming a member of the chief board of Allianz Danger Switch AG in October 2021 and taking over the position of Chief Government and Normal Counsel one yr in the past.
Various Danger Switch is a strategic development space for Allianz Business, with rising demand from shoppers seeking to complement their conventional threat switch packages with non-traditional options.
Parametric threat switch stays a key part of the Allianz ART providing. Up to now the group had a major position in fronting for insurance-linked securities (ILS) capital suppliers, though has since pulled-back from that space.
In 2024, the agency’s Various Danger Switch unit underwrote over €2 billion in gross written premium together with fronting premiums.
With rising demand for non-traditional threat switch options, together with structured insurance coverage, captive fronting, and bespoke threat options equivalent to parametrics and sustainable options, Various Danger Switch has turn into a strategic development space for the agency.
“Congratulations to Lara on her appointment to this key position in our enterprise and I stay up for working along with her,” commented Vanessa Maxwell, Chief Underwriting Officer at Allianz Business.
Including: “Various Danger Switch is an space of key development for us, and I’ve each confidence that she’s going to proceed to construct on our capabilities and experience, for the advantage of our wider enterprise in future. I’d additionally prefer to thank Grant for his succesful and efficient management of this enterprise unit over the past 5 years and his virtually 17 years with Allianz Group.”
