Allianz Global Corporate & Specialty SE (AGCS) is expanding its alternative risk transfer (ART) line of business to the Asia Pacific region, and in a related move, announced the appointment of Mr Richard Green as regional head of ART, Asia Pacific, with effect from 15 October 2018.
Mr Green has over 20 years of experience in alternative risk transfer and related fields. Based in Asia since 2005, he was most recently the regional head of ART and cyber iInsurance for a global broker, and developed a wide range of solutions including residual value, weather parametrics, loss portfolio transfer, non-damage business interruption, and risk financing while in his previous role.
At AGCS, Richard will be responsible for underwriting execution of both the new ART line of business as well as capital solutions in Asia Pacific. He is also responsible for developing and executing global strategy for both ART and capital solutions LOB underwriting and business development in order to drive profitable growth within the region.