Life Insurance

AGCS taps new global head of property

Allianz Global Corporate & Specialty (AGCS) has announced the appointment of Maria Grace (pictured) as global head of property, effective May 17. Grace (pictured above) will report to Tony Buckle, chief underwriting officer, corporate. She succeeds Thierry Portevin, who has led AGCS’s global risk consulting team since March.

Prior to joining AGCS, Grace served as chief underwriting officer for property and inland marine at Everest Re Group’s insurance company. She has also held numerous executive and managerial roles at Starr Companies, AIG North America and AIG’s Latin American and Caribbean division.

Grace has more than 23 years of commercial underwriting and claims experience. Currently based in the US, she will relocate to Munich in the coming months.

Read more: AGCS veteran promoted to global head of risk consulting

“I am delighted to welcome Maria to AGCS as global head of property,” Buckle said. “She has wide experience in both underwriting and claims and a proven track record in terms of both technical excellence and profitable growth across the market cycle. We will all benefit from her experience and energy as we take corporate property forward and make the most of current market opportunities globally.”

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