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Thierry Portevin to lead global risk consulting unit at Allianz Global Corporate & Specialty

Published

2021

Wed

03

Mar

 
  • Previously Global Head of Property at AGCS, Portevin is appointed Global Head of Risk Consulting, leading a global team of 280 employees globally
  • AGCS’s Chief Underwriting Office Property under interim leadership until a permanent successor is confirmed

Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – 3 March 2021:

Effective March 8, Thierry Portevin, current Global Head of Property at Allianz Global Corporate & Specialty (AGCS) will be appointed Global Head of Allianz Risk Consulting (ARC), reporting directly to Chief Underwriting Officer Corporate, Tony Buckle. Portevin succeeds previous Global Head of ARC Tina Baacke, who left AGCS at the end of 2020. On an interim basis, Elizaveta Krieg will lead the global property underwriting team, until a permanent successor is confirmed; currently she is the Global Practice Group Leader for Base Industries in this team, based in Munich, Germany. 

With over 280 staff spread across 24 locations worldwide, ARC’s risk engineers and industry experts provide a wide range of risk consulting services to help businesses manage, prevent, and reduce risks, whatever the industry. This includes site surveys of industrial facilities, desktop reviews and risk assessments to support the underwriting of corporate risks across all ten lines of business of AGCS and to offer guidance to companies on loss control measures. 

Prior to becoming Global Head of Property in 2016, Thierry Portevin was Global Head of Engineering for AGCS from May 2012 to August 2016. Starting his career as an Engineering and Construction project manager for organizations including the National Institute for Ocean Science (France) and Jacobs, he joined Allianz France in 2000 as Engineering Underwriting Portfolio Manager for France, before joining AGCS as Engineering Underwriting Manager for France in 2007. Portevin has a graduate degree in Engineering from the École Centrale de Marseille, with a specialism in Marine and Offshore Engineering, in addition to a business management certificate from ESSEC Business School Paris

Chief Underwriting Officer Corporate Tony Buckle says “The ARC team are absolutely central to both exposure assessment in underwriting as well as risk mitigation for our clients. I am therefore delighted that one of our most experienced underwriters and managers, Thierry Portevin, who has successfully led our Property and Engineering teams in the past, has taken on the opportunity of leading Allianz Risk Consulting into the future. ARC will benefit from his commercial understanding, underwriting perspectives and his data focus. As we leverage third party data and Insurtech in our core business, Thierry will ensure we adapt to the new risks our clients are facing and continue to offer market-leading solutions.”

The AGCS risk consulting team is made up of experienced engineers from a wide range of technical and scientific disciplines – including ship captains, machine engineers specialized both in traditional and renewable energy generation, cyber security specialists, pharmacists or cargo & logistic experts. The team provides a flexible range of risk consulting services from natural hazards, fire protection and human element reporting through to in-depth analysis of industrial operations, Environmental Social & Governance (ESG) factors, and financial exposures, across all industrial sectors and risks. Through the Allianz Center for Technology, ARC also offers technical loss investigations to clarify the cause of complex industry claims.

 
Source: Allianz Global Corporate & Specialty (AGCS) Africa
 
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Actual (cash) Value (AV):

The sum of money that the insured property would have realized in cash, at the market price, at the time and place that it was destroyed or damaged by the hazard covered. It is taken to be the actual loss suffered at the time of the loss rather than at the time the policy was issued.
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