Press release -
Allianz Insurance appoints chief analytics officer
Allianz Insurance has appointed Chris Varley to the newly created position of chief analytics officer, effective from March 2022.
In this role, Chris will be responsible for growing capabilities in data and pricing, to deliver a single analytics strategy across Allianz Insurance.
Chris joins Allianz from Willis Towers Watson, where he is senior director, responsible for the commercial lines pricing, product, claims and underwriting consulting proposition. In this role Chris has been developing and delivering cutting edge analytics in the commercial insurance market and has worked with Allianz at a Group and UK level.
Prior to this, Chris was with Zurich Insurance for 13 years in various roles, most recently as head of underwriting transformation, responsible for defining and leading the Underwriting Transformation Programme, which focused on data-led decision making.
In his new role, Chris will report to Simon McGinn, CEO, Allianz Commercial, who comments: “I’m delighted to be welcoming Chris to this new position. The appointment of a chief analytics officer reflects our ambition to embed and co-ordinate analytics across the whole of our Commercial business, underlining its importance as a core foundation for our future success.
“Chris brings many years of experience and tremendous knowledge of the market which will complement the skills of his new team.”
Chris Varley added: “It’s a very exciting time to be joining Allianz and to be taking on a leading role in the adoption and development of the latest analytic techniques and tools in support of its Commercial business. I’m looking forward to playing my part as a member of a truly customer-focused and enthusiastic team, committed to bringing the best solutions and outcomes for brokers and policyholders.”
ENDS
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The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.
About Allianz Group
The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.
*Including non-consolidated entities with Allianz customers
These assessments are, as always, subject to the disclaimer provided below.
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
No duty to update The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
