Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Brokers have stated they were unsurprised by Allianz’s move to separate its commercial and personal lines businesses, after the provider revealed a restructure earlier this month.
However, as part of the changes, the insurer announced that Sarah Mallaby, director of broker markets (commercial and personal), Chris Little, director of engineering, construction and power, Gary Davess, director – specialty and direct and Neil Clutterbuck, chief underwriting officer, will be leaving the company.
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