Allianz Commercial has appointed Rob Carslake as the new head of its London region for mid-market business. According to the firm, Carslake will drive strategic growth and strengthen underwriting in the market.
With more than 13 years in the insurance sector, Carslake brings a wealth of experience in underwriting and market strategy, having worked with both global and regional brokers. Before joining Allianz, he held several senior roles, most recently serving as head of event insurance at Hiscox, where he led initiatives on account strategy, underwriting, and trading performance. His career also includes a significant role as regional trading lead for London and the South East at Aviva.
“It’s fantastic to join the team at Allianz, and I’m excited to have this opportunity to drive forward our bold mid-market ambitions in London,” Carslake said.
Nick Hobbs, chief distribution manager for Allianz Commercial, expressed his enthusiasm for the new appointment. “I’m delighted to welcome Rob to the business. His expertise and leadership will be invaluable to our mid-market business and to Allianz Commercial overall. I look forward to seeing Rob in action making a great impact in the London market he knows so well,” he said.
Allianz Holdings plc, the parent company of Allianz Commercial, is part of the Allianz Group, one of the world’s largest insurers and asset managers, with operations spanning nearly 70 countries and approximately 125 million customers. The group reported a business volume of €161.7 billion and an operating profit of €14.7 billion in 2023.
At group level, Allianz posted a 14% rise in third-quarter operating profit for 2024, reaching €3.9 billion, driven by growth in its primary insurance segments, life/health and property-casualty. Business volume grew 17.3% to €42.8 billion, with internal growth at 19.1% after adjustments.
The property-casualty segment saw an 8% increase in business volume to €18.6 billion, with operating profit up 36.2% due to a favourable insurance service result. The combined ratio improved to 93.5%. Life/health insurance also performed strongly, with new business premiums surging 35.4% to €19.5 billion.
In asset management, third-party assets under management grew by €37 billion, reaching €1.840 trillion.
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