Allianz Commercial appoints world head of building

Allianz Commercial is increasing its world specialty management staff and has named Darren Smart (pictured) as world head of building at Allianz Global Corporate & Specialty SE.

Smart presently serves as world building follow chief at Liberty Specialty Markets. He is about to hitch Allianz by March 2024 and shall be primarily based in London for his new function, reporting to world head of specialty Gordon Browne.

This appointment follows Allianz’s determination to determine pure sources and building as two separate traces of enterprise (LoB).

Anthony Vassallo has been tapped to guide pure sources, whereas Browne continues overseeing building till Smart formally joins the staff subsequent yr. Max Benz, who beforehand served as the worldwide LoB head for the mixed vitality & building enterprise, will even transition to a senior function throughout the advisory providers staff at Allianz Risk Consulting.

Appointment marks Smart’s return to Allianz

Smart started his underwriting profession with Allianz Cornhill (Allianz UK) earlier than progressing to the function of assistant vp at Trans Re. He joined Liberty Specialty Markets in 2007 as building regional product line supervisor for EMEA and subsequently assumed his present place as world building follow chief in 2016.

Browne commented on Smart’s return to Allianz, expressing enthusiasm for the information and experience that he’ll convey to the staff.

“I am delighted to welcome Darren back to Allianz in this global role, leading construction for Allianz Commercial,” stated Browne. “His deep expertise and knowledge of the industry, combined with a global focus and approach will bring significant value and enable us to drive forward our growth ambitions for this important part of our business.”

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