EY brings new partner from Allianz amid high demand in UK market

EY has expanded its financial services practice in the UK with a new partner hire from Allianz. The move is in response to rising market demand for technology and data-led innovations to help manage costs in the current macroeconomic environment.

The company has appointed James Anderson (pictured) as a UK consulting partner. He will lead  EY’s pricing consultancy practice, which offers pricing strategy and advises on innovations in analytics and technology to non-life insurance firms.

Anderson joins from Allianz Global Corporate & Specialty (AGCS), where he was deputy global chief pricing actuary. Prior to that, he held leadership roles in CUO portfolio management and CFO actuarial.

Anderson has over 20 years’ experience, with deep commercial and reinsurance pricing expertise, and has delivered a number of large-scale global pricing transformations. In addition to pricing, he has extensive experience across analytics, portfolio management and underwriting steering.

Paul Sparkes, UK financial services consulting leader at  EY, said: “I am delighted to welcome James to  EY to lead a high performing pricing consultancy team, which is an area we are expanding in, in response to rising demand from companies for technology and data led innovations to help manage their costs. James has a wealth of experience which will be crucial to our financial services clients as they navigate their digital transformation journeys in the current macroeconomic environment.”

Anderson commented: “In the current environment of high inflation and shifting market conditions, having an effective pricing strategy is critical for the ability of insurers to manage the cycle and drive top- and bottom-line growth. I am delighted to join  EY at this time of high demand in the market.  EY has an excellent team in place and I look forward to working with them to deliver pricing transformation for our clients.”

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