Allianz Legal Protection (ALP) has appointed Sanchia Groves LLM FCII to the newly established role of underwriting manager, Legal Protection.
As part of the ALP management team, Sanchia will be responsible for leading ALP’s technical excellence agenda, the daily management of the Technical team and setting the direction of ALP’s After the Event (ATE) and Before the Event (BTE) underwriting footprint.
Prior to joining ALP in 2014 as a senior underwriter and team leader, Sanchia held the position of senior casualty underwriter at Liberty Mutual Insurance Europe Limited.
Peter Dobie, head of legal protection portfolio management said:
“We pride ourselves on the professional development of our people, so I’m delighted to see Sanchia take the next step in her career.
“This appointment not only demonstrates ALP’s strength in depth, but also our commitment to investing in capabilities that support our business partners. I have no doubt Sanchia’s broad business experience and in-depth technical knowledge will allow us to build and reaffirm our partnerships further.”
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.
The Allianz Group is one of the world's leading insurers and asset managers with more than 88 million retail and corporate customers. Allianz Group 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 Group is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2017, over 140,000 employees in more than 70 countries achieved total revenue of 126 billion euros and an operating profit of 11 billion euros for the group.
These assessments are, as always, subject to the disclaimer provided below.
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The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.
Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group's core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events), (iii) frequency and severity of insured loss events, including 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 including the euro/US-dollar exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.
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