Allianz's AGCS poaches London and Nordics liability leader from Generali

Allianz Global Corporate & Specialty (AGCS), Allianz’s entity for large-scale corporate and specialty risks, has appointed Luke Baker as the new regional head of liability for London and Nordics.

He will join AGCS from Generali early next year, where he's currently casualty underwriting director.

Baker will take over from Jon Prowse, interim regional head of liability, who will resume his role as executive liability underwriter and regional practice group leader, liability for oil & gas, pharmchem, food & beverage.

In his new role, Baker will lead AGCS’ liability business across the UK, Ireland, Nordics and the Middle East with responsibility for the profitability of the portfolio. He will report to Alfredo Alonso, managing director regional unit London and Nordics with an additional reporting line to Ciara Brady, global head of liability, and be based out of the company’s London office.

Baker has over 17 years’ insurance industry experience. He began his career with brokers Willis then Marsh, before moving to RSA, holding a number of roles of increasing seniority across multiple lines of business. He joined Generali in his current role in early 2019 where he is responsible for the casualty portfolio spanning much of Europe, UK, Asia and the USA.

Alonso said: “I’m delighted Luke is joining AGCS in our region. He is well known and respected in our markets and under his leadership, our Liability team’s expertise and knowledge is perfectly placed to respond to the fast-growing liability exposures of modern businesses. His appointment demonstrates our continued commitment to our Regional Unit London and Nordics Liability clients and brokers.”

Brady added: “Luke’s wealth of experience and knowledge supports our focus on underwriting discipline, technical excellence and portfolio management across all elements of Liability risk. His strong track record of delivery will support our drive for profitability while ensuring we continue to serve our customer through our wide range of general and specialist liability insurance solutions. I very much look forward to welcoming him to the team and working together.”