Terry FitzGerald appointed combined Head of Financial Institutions (FI) and Commercial Directors & Officers insurance (D&O) for London region

Press Release | May 31, 2016 | London

Allianz Global Corporate & Specialty (AGCS) appoints combined Head of Financial Institutions (FI) and Commercial Directors & Officers insurance (D&O) for London region

Terry FitzGerald has been appointed Head of a new combined Financial Institutions (FI) and Commercial D&O (MLC) team for AGCS’ London region. The change sees Terry take on overall responsibility for Financial Institutions in addition to his current responsibilities as Head of Commercial D&O liability insurance. Mr. FitzGerald will be responsible for the continued development and implementation of the combined FI and Management Liability Commercial (MLC) strategies and will report to AGCS Head of Financial Lines for the London Region, Kevin Northcott.

Terry FitzGerald joined AGCS in 2012 as Head of Commercial D&O, and has 13 years of market experience in various financial lines roles.  He has extensive experience in underwriting D&O, as well as being a specialist in Commercial Crime and Pension Trustee Liability insurance. He has already been a key contributor to the overall success of AGCS Financial Lines.

Terry takes over from Elke Vagenende, who has taken on the role of Head of Market Management, AGCS UK.

Kevin Northcott, Head of Financial Lines RUL, commented:  “Under Terry's leadership in a combined role, we have an opportunity to enhance our already strong client proposition as well as create more career options for the AGCS team. Terry brings strong expertise and a track record that will be vital in growing these business lines in the region. I’d also like to wish Elke all the best in her new role in AGCS and thank her for her considerable contribution to the Financial Institutions and Financial Lines team. Elke, with the support of her team has done a superb job in lifting our profile in the market and implementing our Financial Lines strategy, with very strong results.”

Terry FitzGerald
Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates with its own teams in 34 countries and through the Allianz Group network and partners in over 210 countries and territories, employing almost 4,700 people of 70 nationalities. AGCS provides insurance solutions to more than three quarters of the Fortune Global 500 companies, writing a total of €7.4 billion gross premium worldwide in 2017.

AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.
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