AGCS appoints new global head of aviation

Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz Group, has appointed Mike Hansen as global head of aviation.

Hansen replaces Henning Haagen who was appointed Northeast zone executive for North America earlier this year and has been managing dual responsibilities in the interim.

Hansen, who currently oversees the North American aviation business of AGCS, will relocate from Canada to London later this year.

In his new role, he will lead the overall aviation underwriting strategy, continuing to drive the business forward. A successor for his regional position will be announced in the near future, and in the interim, he will maintain responsibility for both the global and North American markets, the company said.

Hansen will report to Paul O’Neill, AGCS board member and chief underwriting officer, specialty.

Hansen joined AGCS in June 2016 and since then has had overall responsibility for the US, Canadian and Mexican aviation business. Prior to joining Allianz, he served as the deputy chief underwriting officer at XL Catlin Aerospace, and also worked in underwriting positions at AIG and Markel.

"I would like to particularly thank Henning for the significant value he has contributed while guiding the Aviation unit globally for almost five years," O’Neill commented. "I look forward to working with Mike managing our aviation business in a challenging market environment and making the most of opportunities in the months ahead. I am confident this will be a smooth transition."

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