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Hanna Kam, chief risk officer, Allianz UK
Hanna Kam, chief risk officer, Allianz UK

Press release -

Allianz welcomes Hanna Kam as chief risk officer and Jason Howes as chief transformation officer

Allianz UK has today made two key changes to its most senior leadership layer, welcoming Hanna Kam to the company as chief risk officer, and promoting Jason Howes to chief transformation officer.

The senior moves reflect an ongoing strategic drive to grow and strengthen Allianz in the UK and follow recent steps to build wider consumer and market awareness of the Allianz brand.

Hanna joins as chief risk officer on 1 June, subject to regulatory approval, and will be a member of the Allianz UK Executive Committee. She has more than 25 years’ global experience in the insurance industry and is a recognised senior leader in risk management.

Most recently she was group chief risk officer at Hiscox for almost ten years and was responsible globally for enterprise risk management and compliance. A qualified actuary, she has also held senior roles with EY and Zurich Australia.

John Berry, chief risk officer for Allianz UK, has decided to step down following ten years at the company in a variety of senior leadership roles, including over four years as chief risk officer, and will pursue new opportunities within the Allianz Group. John joined Allianz in 2015 following a previous career at WTW and was appointed chief underwriting officer for personal lines in 2017. He became overall chief risk officer in January 2020 for Allianz in the UK.

Colm Holmes, Allianz Holdings CEO, commented: “John has played a key role in the history of Allianz UK, including as chief underwriting officer of personal lines, alongside setting up the joint venture with LV= and then navigating Covid and more recent market challenges as chief risk officer. He helped to bring the different parts of our business together to create one Allianz. I’d like to thank John for his huge contribution.”

John Berry added: “We have built a great platform for future success and I am very proud of all of Allianz’s achievements. It’s been a fantastic privilege to work with Colm and the Executive Committee over the years, and I wish the team the very best for the future.”

Allianz has also today announced the creation of the new role of chief transformation officer, which will be taken up on 1 June by Jason Howes. He brings almost 27 years’ industry experience to the role, including more than two decades with Allianz, and his previous role was director of business transformation at Allianz. Jason will oversee all large-scale change projects and initiatives in the Allianz UK business.

Both roles will report to Colm Holmes, who added: “This is a pivotal and exciting time for us as we align our businesses to deliver the combined strength of one Allianz, and work towards becoming the number one general insurer in the UK. These two senior leaders take up vitally important roles and will help drive our strategic momentum for growth.

“I’m delighted Hanna is joining us, she brings a wealth of global insurance industry experience and a compelling blend of board, risk and regulatory exposure. She has a track record of strong leadership and excels at delivering change and results in complex environments. Her insights will be invaluable in supporting the overall growth strategy for the business.

“And as we move our business forward, it is imperative that we continue to manage major change projects effectively, so we have created a new role of chief transformation officer, which I am delighted to welcome Jason into. He’s achieved a huge amount at Allianz and I’m sure he will continue to do so.”

Notes to Editors

1. Images of Hanna Kam and Jason Howes are available to download below.


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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.

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 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 737 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 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 among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.

* Including non-consolidated entities with Allianz customers.

**As of December 31, 2023.

Mandatory corporate information: Corporate disclosures

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’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including related integration issues and reorganization measures, and (xii) 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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Paul Platt

Press contact Head of External Communications 07385 340347