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AGCS appoints chief underwriting officer corporate

In his new role, Williams will oversee AGCS' global underwriting business in the corporate lines segment, as well as the Allianz Group Cyber Center of Competence.

AGCS has appointed Shanil Williams as its new chief underwriting officer corporate. In his new role, Williams will join the AGCS SE Board of Management with effect on January 1 2022, subject to regulatory approval.

Currently the global head of Financial Lines at AGCS, Williams will succeed Tony Buckle who will be leaving Allianz for personal reasons.

As new chief underwriting officer corporate, Williams will oversee AGCS’ global underwriting business in the corporate lines segment, such as Property, Liability, Financial Lines, and Alternative Risk Transfer, as well as the Allianz Group Cyber Center of Competence. 

In addition, he will lead Allianz Risk Consulting and “key” internal underwriting functions, such as Accumulation and Catastrophe Risk Management, and Portfolio Performance Management. 

Meanwhile, the board oversight of the Energy and Construction line of business, as well as the Global Pricing team, will move to the Chief Underwriting Office Specialty. This will reportedly create additional responsibilities for the AGCS Chief Underwriting Officer Specialty and Board Member Renate Strasser.

Prior to joining Allianz, Williams spent 14 years with AIG, and held a number of increasingly senior Financial Lines regional leadership roles in Auckland, Johannesburg, Paris and London.

Joachim Mueller, AGCS CEO, said: “I welcome Shanil as a new member to the AGCS Board of Management, as we focus increasingly on profitable growth and market opportunities. 

“As one of our best internal talents in underwriting and a highly respected team leader of a large global underwriting unit, he is ready to make the next step in his career and assume wider responsibility for AGCS’ underwriting performance and sustained business success.”

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