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AGCS : Simon Buxton appointed as new Global Head of Reinsurance

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Allianz Global Corporate & Specialty (AGCS) has appointed Simon Buxton as its new Global Head of Reinsurance with effect from January 1, 2013, based in London. Buxton moves from Allianz Risk Transfer (ART) to succeed Henning Haagen who takes on his new role of Global Head of Aviation EMEA/Asia Pacific for AGCS.  Haagen will remain in his current role until January 1, 2013, to support a coordinated transition and to ensure continuity in service to clients, brokers and reinsurers.

Buxton has over 15 years of experience in the reinsurance industry and joined ART in 2008 as Head of Reinsurance Solutions.  In this role he successfully developed a structured reinsurance strategy and introduced a portfolio with products and markets that were new to ART, working closely on a number of projects with AGCS. Before joining ART he worked in the insurance industry in a range of consulting and underwriting positions in Bermuda, Argentina and the UK, including senior positions for XL Financial Solutions, Bermuda and at Towers Watson, London.

Commenting on the appointment and changes, Bill Scaldaferri, CUO Allianz Risk Transfer & Reinsurance and member of the AGCS AG Board, stated: “I’m pleased to congratulate Simon on his appointment and want to thank Henning personally for his tremendous service to AGCS during his tenure as Global Head of Reinsurance. Simon will be a great asset in helping bring new ideas to our reinsurance buying strategies.”