Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS Global Head of Marine. Effective immediately, Tom Fadden will be appointed as AGCS Global Head of Aviation. Both will report directly to Chief Underwriting Officer Specialty Paul O’Neill who will directly oversee the Energy Line of Business on an interim basis.
Chief Underwriting Officer Specialty and AGCS Board Member Paul O’Neill says, “I welcome both Tom and Ulrich to the Specialty leadership team. They are both well connected with clients and brokers globally and bring a strong management track record as well as profound underwriting expertise. I have every confidence that together we will further drive growth and profitability in our Specialty business in the future.”
Currently Chief Agent of AGCS Canada, Ulrich Kadow will take over from current Global Head of Marine and Energy Simon Buxton, who leaves Allianz to pursue other opportunities outside the company. Until a successor in Canada is confirmed, Ulrich Kadow will maintain a dual leadership role for both the country and Marine Line of Business responsibilities.
Mr. Kadow has led AGCS’ Canadian business since May 2015, after originally joining AGCS in 2006. During his 13 years with the company, he has held a variety of positions within AGCS in Europe, Asia and North America and directly prior to his move to Toronto, was Global Head of Package & Multiline where he established the mid-market Property, Liability and Engineering business in Canada, Asia, South Africa, Australia and Denmark. He has an MBA from Columbia Business School and an M.S in Computer Science from University of Technology Munich TUM. He also holds a Chartered Property Casualty Underwriter designation.
Currently Regional Head of Aviation for Regional Unit London and Global Airline Product Leader, Tom Fadden will succeed Michael Hansen, who leaves Allianz later this year. He will maintain his regional leadership role on an interim basis.
