22 June 2016 Insurance

AGCS enhances aviation capabilities; hires XL Catlin exec

Allianz Global Corporate & Specialty (AGCS) has made three appointments to its global regional unit in its London (RUL) and North America teams to reinforce its aviation strategy.

Matthew Farrell has been appointed global aviation executive, based in London while Tom Fadden has been named regional head of aviation for the regional unit in London.

Fadden also retains his current role as global airline product leader, part of the chief underwriting office.

The third appointment sees Mike Hansen assuming the role of regional head of aviation for North America, based in Toronto.

Hansen most recently served as deputy chief underwriting officer (CUO) at XL Catlin aerospace, where he worked closely with the global CUO to manage the global underwriting team, develop the strategic underwriting plan and lead the development of the combined reinsurance program.

“Aviation continues to advance our global reach and these key appointments help further support our ability to offer a seamless, ‘one aviation’ offering to the aviation market across the globe,” said Henning Haagen, global head of aviation.

“With these appointments, we have the combined expertise and experience in place to support the delivery of a high quality offering and further cement our position as a global leader in the aviation market.”

Farrell will be responsible for developing leading business solutions and driving AGCS strategy externally with core brokers and clients across all regions globally. He will report directly to Haagen.

Fadden will be responsible for leading the aviation business RUL and supporting the global ‘one aviation’ approach in addition to his role as global airline product leader, chief underwriting officer (CUO).

He will report to Carsten Scheffel, chief regions and markets officer, and member of the board of management; and Brian Kirwan AGCS UK chief executive officer (CEO), with a matrix reporting line to Haagen.

Hansen will be responsible for leading the aviation business in North America and developing and executing on the regional strategy and supporting the global ‘one aviation’ approach. He will report to John Barnwell, regional head specialty lines with a matrix reporting line to Haagen.

Scheffel said: "Congratulations to Tom and Matthew on their new roles as we globally strengthen our aviation team.

“Our aim is to ensure we are best organised for the company’s future prosperity. The fact that Tom and Matthew have been appointed from within the team demonstrates the depth of underwriting and leadership talent we have here in AGCS."

Barnwell added: “We are pleased to welcome someone of Mike’s calibre to Allianz and to the North America aviation team.

“His significant experience in the aviation insurance industry and expertise will be of great benefit to this critical role for our region as well as globally.”

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