Munich/New York: October 17th 2008.
Allianz Aviation Managers, Allianz’s specialist Aviation team in the United States, has today hired Will Lovett, previously President, AIG Aviation, North America.
With immediate effect, Mr Lovett will be joining the executive team of Allianz Aviation Managers (AAM), the Aviation division of Allianz Global Corporate & Specialty in the United States, and will be based in Atlanta, Georgia.
This move continues the expansion of Allianz Global Corporate & Specialty’s team in the Aviation sector, which has included the establishment of AAM in the US in 2006 and, more recently, other Aviation teams in Switzerland, Canada, Australia and Austria.
Harold Clark, CEO of AAM, commented: “I am truly delighted to have Will on board and am particularly pleased to say that he is starting work with us immediately. He has developed an outstanding reputation in the Aviation market based on his professionalism and first class underwriting insight - he is a key addition to our already strong team.”
Florian Karner, Global Head of Aviation at Allianz Global Corporate & Specialty added: “Will’s recruitment continues our policy of attracting and developing the best talent in the global Aviation market. Our strategy is based on a combination of outstanding teams, technical insight and global presence – serving our clients in their local markets – and Will is a prime example of this strategy in practice.”
Will has extensive experience of the aviation industry and aviation underwriting going back to 1991. He holds a Bachelor of Science degree in Aeronautical Science from Embry-Riddle Aeronautical University and is also an active aviator, having served as a pilot (fixed-wing and rotor-wing) in the U.S. Army Reserve for 19 years.
CONTACT: For more information, please call Andreas Berger (Tel: +49 89-3800-16534; mobile: +49-173-3972113; e-mail: firstname.lastname@example.org)
Notes to editors
About Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty is the Allianz Group’s dedicated carrier for corporate and specialty insurance customers. The company provides insurance and risk management consultancy across the whole spectrum of Marine, Aviation and Corporate business, including Energy, Engineering, Financial Lines (incl. D&O), Liability and Property insurance, including International Insurance Programs. See the Allianz Global Corporate & Specialty website http://www.agcs.allianz.com for further details.
Worldwide, Allianz Global Corporate & Specialty operates in over 70 countries through the Allianz Group network. It employs more than 2,000 people and provides insurance solutions to more than half of the Fortune Global 500 companies, writing a total of €2.8 billion gross premium annually (2007).
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