Allianz continues to shape commercial business with new role

Allianz Insurance has bolstered its commercial underwriting capabilities with a newly created role of head of mid-corporate designed to develop its appetite and strategy for property, casualty, motor trade and engineering construction & power lines of business.

Stuart Toal (pictured) will take up the role of head of mid-corporate, with Helen Bancroft named new casualty account manager.

Toal joined Allianz in 2015 as casualty account manager. Prior to that, he worked for AIG as the casualty chief underwriting officer, and interim head of casualty.

Reporting to Toal, Bancroft will set the direction of the commercial liability, speciality and legal protection lines of business whilst supporting the underwriting strategy and ambitions of Allianz Commercial.

Bancroft joined Allianz in 2002 on the graduate scheme and has since worked in a variety of senior underwriting roles across the Allianz branch network including Milton Keynes, Maidstone and London.

Catherine Dixon, chief underwriting officer of Allianz Commercial, said: “I’m delighted to announce these two appointments. As we continue to shape our Commercial business, it’s crucial that we can count on the talent and expertise of our people and both Stuart and Helen bring not only experience to their new roles but also a great understanding of an ever-competitive market and changing world. We’re known for our technical excellence so I look forward to working with both of them in what is an exciting and challenging time for underwriting as we drive our ambitions forward.”

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