- Vertical sales approach: New AGCS function of Global Industry Solution Director to build expertise and bespoke solutions for industry sectors
- AGCS is targeting new business opportunities technology, media and telecom sector.
Effective January 1, 2022, Jody Yee will be appointed Global Industry Solution Director for Technology, Media & Telecom (TMT) atAllianz Global Corporate & Specialty (AGCS). Throughout his 18 years in corporate insurance and alternative risks transfer, he has specialized in developing innovative solutions to drive growth and scale business development.
Yee’s appointment follows the successful launch of the Financial Services industry practice in 2020 with Paul Schiavone as a Global Industry Solution Director. Both are reporting toJeremy Sharpe as AGCS Global Head of Distribution. A similar role will be announced for the Construction industry in due course. AGCS has introduced these new global functions as part of the New AGCS transformation program to tailor product development, marketing and distribution to specific industries: Global Industry Solution Directors will build special risk expertise for their sectors and help developing bespoke solutions across all AGCS lines of business as well as other Allianz units.
The TMT sector is a very vibrant and valuable industry shaping the future for businesses and consumers alike on the strength of new technologies and next-generation networking. AGCS is targeting business opportunities in this sector, with a particular focus on hardware manufacturing, software & IT professional services, data services, telecom carriers and network operators as well as media.
Yee has worked in both traditional insurance underwriting as well as alternative risk transfer. In his most recent role as Managing Director and Global Practice Group Leader Cyber in theAlternative Risk Transfer (ART) division of AGCS, his focus was on business development, global captive fronting as well as structured and integrated transactions. He is passionate about applying technology to advance insurance offerings and led a team that designed and launched the first insurer technology insurance partnership for Google Cloud customers in March 2021. Jody joined AGCS in 2007 and has had several leadership roles in Finance and Underwriting in Munich, London and New York. In his new role, he will be based in London.
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About Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.
Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.
Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing around 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.