- Vassallo to report to AGCS’s Global Head of Specialty, Gordon Browne
- He will evolve AGCS’s Natural Resources proposition with the aim of further establishing Allianz as a leader in the market, with an acute focus on the climate transition.
Effective immediately, Anthony Vassallo has been appointed Global Head of Natural Resources at Allianz Global Corporate & Specialty SE (AGCS), reporting to Global Head of Specialty, Gordon Browne.
In this newly established role, Anthony will focus on further evolving AGCS’s Natural Resources proposition to the market, with the aim of driving the climate transition across all segments of the energy industry including renewables, oil and gas, power generation, and mining. In particular, AGCS has a strong ambition to grow its footprint in the renewable energy and green technology segment as well as in the emerging global hydrogen economy.
Anthony Vassallo joined Allianz in 2003 and has held a variety of roles in the specialty lines of the business, across the London Market, Asia and South America in both underwriting and distribution areas. Currently he is Global Energy Product Leader and Regional Head of Energy & Construction, Regional Unit. He will keep these roles in the interim until a successor is confirmed.
Gordon Browne notes: “With his extensive knowledge and expertise across Allianz, I am delighted to announce we are promoting Anthony from his regional management position to join our global Specialty leadership team. He has proven himself as a strong leader with the ability to manage and shape a global underwriting portfolio.”
Vassallo will assume his new underwriting leadership position at a time when AGCS and Allianz OEs around the world move into a new chapter as Allianz Commercial, working in partnership to build a ‘powerhouse’ business across the full Commercial Property & Casualty segment (Mid Corp, Large Corp and Specialty).
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About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.
Powered by the employees, financial strength, and network of the world’s #1 insurance brand Allianz, we work together to help our customers prepare for what’s ahead: They trust on us for providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.
Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the Allianz Group network and partners. In 2022, the integrated business of Allianz Commercial generated more than €19 billion gross premium globally.
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