Allianz promotes for new UK chief distribution officer

Allianz has promoted Nick Hobbs to the role of chief distribution officer for Allianz Commercial in the UK, a statement released yesterday (22 June 2023) said.

Since July 2021, Hobbs has served as the chief distribution and regions officer for the business.

However, earlier this year (10 March 2023), Allianz announced a new integration that will bring together Allianz Global Corporate and Specialty (AGCS) UK, which focuses on large clients, and Allianz Holdings’ UK commercial business under one strategy and approach.

In his new expanded role as chief distribution officer, Hobbs will lead all aspects of distribution for the integration – encompassing large-corporates, specialty, mid-corporates, digital/SME and engineering inspection.

Nadia Côté, Allianz 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.”

‘Natural choice’

Hobbs joined Allianz in 2001 and 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.

He was later appointed as director of broker markets.

“Drawing on more than 30 years’ industry experience, he is expertly positioned for this [new role],’ Allianz said.

Côté added: “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.”