Press release -
Allianz names Maidstone branch manager and new strategic account manager
Allianz Insurance has promoted Mark Terry to the position of Maidstone branch manager, effective 1 September. Mark will be responsible for broker relationships and trading in the area, leading the team of over 50 underwriting and business development colleagues.
Mark has held various positions in underwriting and business development over the course of his 16-year career at Allianz, in Milton Keynes, Woking, Guildford and Chelmsford, and is well known to many brokers in the South East.
Since 2019, as strategic account manager, Mark has been responsible for setting the direction for some of Allianz’s largest broker accounts and networks.
Following, and as a result of Mark’s appointment, Allianz has promoted Richard Jennings to the role of strategic account manager, also effective 1 September.
Overseeing a number of strategic accounts and network partnerships, Richard will support Allianz's distribution strategy ensuring it meets the changing needs of customers, brokers and the business, strengthening partnership benefits for all stakeholders.
Richard has been with Allianz for eight years, having joined on the management graduate scheme in 2013. He has previously led the Broker Partner team and worked alongside the Allianz Executive community. Most recently, Richard headed up Allianz’s Musical Insurance business and was also seconded to an Allianz Group led transformation project.
Allianz Insurance’s chief distribution and regions manager Nick Hobbs said: “I’m delighted that we have been able to make these appointments with people of great experience who I know will excel in their respective roles. With extensive knowledge of the market and a desire to drive our strategy forward I look forward to working with them both in their new positions.”
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance plc.
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.
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