Press release | March 20, 2025
Lara Martiner announced as new Global Head of Alternative Risk Transfer at Allianz Commercial
Allianz Commercial today announced that Lara Martiner (47) will become the new Global Head of Alternative Risk Transfer at Allianz Global Corporate & Specialty SE (AGCS), with effect from April 1, 2025. She succeeds Grant Maxwell, who leaves Allianz at the end of June, and will maintain her current role as CEO of AGCS subsidiary Allianz Risk Transfer AG.
Alternative Risk Transfer is a strategic growth area for Allianz Commercial, with increasing demand from clients looking to complement their traditional risk transfer programs with non-traditional solutions. These include structured insurance, captive fronting, and bespoke risk solutions such as parametrics and sustainable solutions. In 2024, the Alternative Risk Transfer unit underwrote over €2.0 billion in gross written premium including fronting premiums. This underlines that Alternative Risk Transfer is a key contributor to Allianz Commercial’s performance in the market.
A trained lawyer, Mrs. Martiner has been with Allianz Group for more than 14 years, originally joining in 2011 as Legal Counsel, Head of Compliance and location head in Zurich. Since that time, she has held a variety of increasingly senior roles in AGCS and the Alternative Risk Transfer organization, including joining the executive board of Allianz Risk Transfer AG in October 2021, and taking on the role of Chief Executive and General Counsel one year ago.
Vanessa Maxwell, Chief Underwriting Officer at Allianz Commercial, comments: “Congratulations to Lara on her appointment to this key role in our business and I look forward to working with her. Alternative Risk Transfer is an area of key growth for us, and I have every confidence that she will continue to build on our capabilities and expertise, for the benefit of our wider business in future. I would also like to thank Grant for his capable and effective leadership of this business unit over the last five years and his almost 17 years with Allianz Group.”
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About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions.
Powered by the employees, financial strength, and network of the world’s #1 insurance brand Allianz, as ranked by Interbrand, we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.
The trade name Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17,3 billion in gross premium globally.
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