Allianz Commercial has appointed Elke Vagenende as commercial managing director for Benelux and Nordics.
Vagenende will re-join Allianz from her current role at AIG in the first quarter of 2024 to lead the newly established region.
She has been global head of multinational at AIG since February 2021. Prior to that Vagenende worked at WTW as head of FINEX for western Europe, and she was previously with Allianz Global Corporate & Specialty (AGCS) from 2012 to 2018 in various roles.
Back at Allianz Vagenende will report to Dirk Vogler, board member of AGCS SE and Allianz commercial chief regions and markets officer, in conjunction with Joos Louwerier, CEO of Allianz Benelux.
This Benelux and Nordics region will service customers across Belgium, Netherlands, Luxembourg, Sweden, Denmark, Finland, and Norway.
“I am delighted to welcome Elke back to Allianz, she’s a top executive in the market with a proven track record of delivery,” Volger said.
“With her appointment, this also marks a significant milestone, the completion of our regional leadership team across our 11 regions.”
Allianz revealed back in March that it will serve the global commercial insurance segment as one business, combining the AGCS with the insurance businesses of Allianz’s operating entities.
The company will now introduce this model to its AGCS and national businesses across the Benelux and Nordics region, using the trading name of Allianz Commercial under Vagenende’s leadership.
“It is good to have Elke on board,” Louwerier said.
“With her leadership we will be able to build an even stronger and more integrated team to serve the Allianz Commercial specialty clients, large corporations- and mid-sized companies in the future in the Benelux and Nordics regions.”