Allianz plucks Chubb financial lines veteran with AIG-Lloyd’s pedigree for AGCS

The commercial specialty insurance wing of global insurer  Allianz has brought in a new North American head of financial lines from Chubb, with a background at AIG and Lloyd’s of London, following the departure of Joseph Caruso.

Allianz Global Corporate & Specialty (AGCS) has appointed Jarrod Schlesinger in New York replacing Caruso, who has left the company.

Schlesinger will report to Bill Scaldaferri, president and CEO of AGCS North America, with a matrix reporting line to Vanessa Maxwell, global head of financial lines.

Schlesinger joins AGCS from Chubb where he most recently held the title of chief operating officer, North American financial lines. In this role, he developed the division’s operational strategies in addition to leading the management liability business. Prior to COO, he served in a variety of senior roles, including executive vice president within financial lines for Chubb for nearly 14 years.

Prior to Chubb, Schlesinger held leadership roles with AIG in New York and The Lexington Insurance Company where he managed the Lloyd's of London Operation for AIG in the UK.

“Jarrod has a stellar track record in the Financial Lines arena and is well-respected for his product strategy and market knowledge critical to growing our portfolio in North America,” said Scaldaferri. “I have no doubt he will be a phenomenal team leader, ready to take our business to the next level, particularly in the Large Corporate category.”

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