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Allianz unveils new commercial branch manager for Leeds and Newcastle

Press release -

Allianz unveils new commercial branch manager for Leeds and Newcastle

Appointment is part of Allianz’s commercial regions reshuffle

Allianz Insurance is happy to announce that Karen Boothroyd has been appointed to the newly created position of commercial branch manager for Leeds and Newcastle.

From 1 January, Karen will lead the underwriting and distribution teams across Leeds and Newcastle, to deliver excellent, market leading relationships, service and products to broker partners and end customers.

Having first joined Allianz in 2004, Karen has fulfilled many roles within the company, mainly within the claims team, where she was for 14 years. Most recently, she was a regional manager for Allianz’s engineering, construction and power (EC&P) division.

Last week, Allianz announced that the commercial regions and engineering businesses will from now on be more closely aligned. The UK operations will be overseen by four regional managers who have all been given enhanced roles to include looking after EC&P matters as well as commercial distribution and broker service.

Chris Everett, regional manager for North, who Karen will be reporting to said:

“I am very happy to welcome Karen to the role of branch manager for Leeds and Newcastle, and I look forward to working very closely with her.

“Creating a branch manager role in Leeds and Newcastle highlights our commitment to increasing our visibility and wanting to grow in these markets, Karen will play a very important role in fulfilling our ambitions of being the go-to insurer of choice for all our lines of business across Leeds and Newcastle.”

ENDS

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Regions


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.

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.

Contacts

Amy Yorston

Amy Yorston

Press contact PR Consultant 07794266474
Sian Baker

Sian Baker

Press contact PR Consultant 07891570995
Sara Robinson

Sara Robinson

Press contact PR Consultant 07918470463