Allianz Commercial reveals new Head of Portfolio Solutions to shape global strategy

Allianz Commercial has made a significant addition to its leadership team by appointing Claudia Valencia as the Global Head of Portfolio Solutions, effective from January 8, 2024.

Allianz Commercial has made a significant addition to its leadership team by appointing Claudia Valencia as the Global Head of Portfolio Solutions, effective from January 8, 2024.

Claudia will be stationed in London and will report directly to Chief Underwriting Officer Shanil Williams and Global Head of Distribution Jeremy Sharpe.

In this newly established role, Claudia Valencia will play a pivotal part in shaping the global strategy for Portfolio Solutions, encompassing Panels, Facilities, MGAs, Bancassurance, and various other delegated authority functions.

Allianz Commercial stands as the epicentre of expertise within the Allianz Group, specialising in insuring mid-sized businesses, large enterprises, and specialist risks. Their clientele includes the world’s largest consumer brands, financial institutions, industry leaders, global aviation and shipping companies, as well as family-owned and medium-sized enterprises that form the backbone of the economy.

The scope of their coverage extends to unique risks such as offshore wind parks, infrastructure projects, and Hollywood film productions.

Powered by the resources, financial strength, and extensive network of the world’s leading insurance brand, Allianz, the company is committed to helping its customers anticipate and prepare for future challenges. The firm is a trusted provider of a wide range of traditional and alternative risk transfer solutions, exceptional risk consulting, multinational services, and seamless claims handling.

Claudia Valencia brings a wealth of experience to her new role at Allianz Commercial. Her previous position was at AIG, where she served as the Latin America Regional Head of Client and Broker Engagement, based in New York. Throughout her career, Claudia has held various internationally-focused underwriting and market-facing leadership positions with AIG, Zurich, and other prominent insurers in London, Miami, New York, and Colombia.

Shanil Williams, Chief Underwriting Officer at Alliance commercial, said, “The Commercial and Specialty market continues to grow in this area and therefore the time is right to bring a coherent global strategy across all our business. Claudia has extensive global experience in both Underwriting and Distribution roles, and I am delighted to have her on board.”

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