Allianz taps insider to beef up UK commercial insurance distribution

Allianz has appointed a long-serving insider with more than three decades of experience to bolster the distribution capabilities of its commercial insurance business in the UK.

Nick Hobbs (pictured) has been appointed chief distribution officer for Allianz Commercial in the UK.

In his expanded role, Hobbs will lead all aspects of distribution for the recently announced integration of Allianz Commercial across the UK – encompassing large-corp, specialty, mid-corp, digital/SME and engineering inspection.

Bringing together Allianz Global Corporate & Specialty (AGCS) UK, which focuses on large clients, and Allianz Holdings UK commercial business under one strategy and approach, aims to simplify the experience of clients and distribution partners. The company said Hobbs’ role will be central to delivery. Drawing on more than 30 years’ industry experience, he is expertly positioned for this.

Hobbs has been with the Allianz group since 2001. He held a variety of roles at AGCS in the UK, Europe and North America before joining Allianz UK in 2011 as head of strategic account management, then director, Broker Markets. In July 2021 he was appointed chief distribution and regions officer, for Allianz’s Holdings commercial business in the UK.

Nadia Côté, commercial managing director UK, said: “Creating this chief distribution officer role across all our commercial areas in the UK will simplify things for our clients and distribution partners and reinforces our desire to establish Allianz as a clear leader in the Commercial market in the UK. Nick is the natural choice for the role drawing on his extensive experience and I’m very much looking forward to working together to unlock the full power of Allianz for all our customers.”

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