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Pete Connors to join Allianz Global Corporate & Specialty energy team

  • Joins as Global Product Leader for Offshore Energy
  • Brings extensive energy insurance and risk management expertise
  • Enables AGCS to enhance offshore energy offering for brokers and clients

PRESS RELEASE - Munich/New York. December 11, 2011

Allianz Global Corporate & Specialty (AGCS) has appointed Pete Connors as Offshore Energy Global Product Leader effective January 3, 2012. He will oversee AGCS’s offshore business worldwide. His core focus will be global product management, including global pricing strategy, underwriting appetite, product development, and underwriting compliance.

Pete Connors has considerable expertise with 25 years of experience in the energy industry. He most recently served as President and CEO of Zurich Global Energy, the international arm of Zurich North America’s energy operations. Prior experience includes 15 years with AIG reaching the level of Senior Vice President of AIU Energy.

“I am delighted that with Pete joining our team we have gained one of the most experienced and knowledgeable Energy underwriters in the marketplace,” said Paul O’Neill, Global Head of Energy. “His extensive knowledge of the global energy insurance market will be instrumental in strengthening our underwriting resources, and will further our ability to deliver risk solutions to our clients as we expand our Energy portfolio.”

Mr. Connors will be based in New York.

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