Lillelund appointed CEO of AGCS; Ardonagh names Allianz’s Mitchell for Asia growth; Carbon chooses Asta’s Gallagher as head of union administration.

This edition of International People Moves details meetings at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group and Carbon Underwriting.

A summary of these new hires follows here.

Lillelund has been appointed CEO of AGCS and Allianz Commercial

Allianz Global Corporate & Specialty SE (AGCS) announced that Thomas Lillelund will join Allianz as CEO of AGCS in early 2025 once his existing engagements have ended and subject to regulatory approval. Lillelund will also take over Commercial AllianzAllianz Group’s integrated global model for serving the commercial property and casualty insurance segment (mid-sized, large corporate and specialty clients).

With a career spanning over 25 years in the insurance industry, Lillelund is a Danish national with extensive international experience. Prior to his current role as CEO of AIG Europe, Middle East and Africa, he lived and worked in Europe, the UK, Singapore, South Africa, Hong-Kong and the United States for Aspen Re, Gen Re and Swiss Re.

He earned a bachelor’s degree in economics from The College of William & Mary (Virginia, USA) and a master’s degree in business administration from Western University (Toronto, Canada).

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Ardonagh names Allianz’s Mitchell to lead growth in Asia

The Ardonagh Groupthe London-based independent insurance distribution platform, announced his appointment Mark Mitchell to support the expansion of its business operations in Asia.

Mitchell was previously Asia Pacific CEO of Allianz Global Corporate & Specialty and brings 35 years of industry experience, including 25 in the Asian insurance market.

Based in Singapore, Mitchell will work with Ardonagh’s businesses in the region, Envest and Price Forbes, to explore opportunities to expand its retail and wholesale brokerage footprint and develop new MGA capabilities.

“Mark’s deep knowledge of the Asia Pacific market landscape will enable us to identify and capitalize on the best opportunities to drive growth and create value for our customers and markets alike,” he commented. Des O’Connorinvestment director for Ardonagh Global Partners. “He will further strengthen our team and proposition in this exciting region, which is currently one of the fastest growing insurance markets in the world.”

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Carbon Underwriting picks Gallagher from Asta as head of syndicate management

Carbon Underwriting Ltd.leading London-based general insurer and syndicate Lloyd’s, has announced his appointment Julie Gallagher as head of union management with immediate effect.

Gallagher joins Carbon from Asta Capital Ltd., where he served as Head of Client Management. She brings extensive experience in managing syndicate performance and underwriting relationships, a key asset as Carbon continues to develop its innovative insurance offerings.

In his new role, Gallagher will oversee the management and performance of Carbon’s syndicates, including the recently launched Syndicate 5757, which has received Lloyd’s in-principle approval to begin underwriting on 1 January 2025.

Overall, Carbon will have £400m of GWP under management in the 2025 account year, combining Syndicate 4747 and 5757.

“We are really excited to welcome Julie Gallagher to our growing team. Her extensive experience in union management will be invaluable as we continue to expand our footprint in the international specialty market,” commented Carbon’s founder and CEO. Nick Tye. “In-principle approval to launch our second union – Union 5757 in January 2025 – is a major milestone for us and Julie’s appointment reinforces our commitment to building a world-class team.”

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AJ Gallagher Allianz