Mike Martin appointed AGCS Global Head of Property and Srdjan Todorovic promoted to lead Political Violence unit

Press release | May 11, 2022 | Johannesburg/London/Munich/New York/Paris/São Paulo/Singapore
  • Mike Martin joins Allianz Global Corporate & Specialty (AGCS) from AIG where he currently is Chief Underwriting Officer - US Retail Property
  • As a major line of business, Property contributed about 11 percent to AGCS’s global premium volume in 2021
  • Srdjan Todorovic promoted to lead AGCS’s specialist Political Violence & Hostile Environment Solutions unit
Starting on May 16, 2022, Mike Martin will be appointed Global Head of Property at dummy Allianz Global Corporate & Specialty (AGCS), reporting directly to Chief Underwriting Officer Corporate dummy Shanil Williams. He joins AGCS from AIG and will succeed Maria Grace who left AGCS in late 2021. He will be based in AGCS’s Atlanta office.
Mike Martin

dummy Mike Martin has over 35 years of experience in international property underwriting, most recently with AIG, where he currently is Chief Underwriting Officer - US Retail Property with responsibility for leading the property underwriting transformation strategy and driving technical excellence. Prior to that he held various insurance industry executive roles at Velocity Risk Underwriters, Liberty Mutual, XL, and Industrial Risk Insurers, including roles in the US, Bermuda, and Switzerland. He has a degree in Engineering & Mechanical Technology from Texas Tech University.

The dummy AGCS Property line of business provides comprehensive All Risks property insurance solutions covering physical damage and business interruption for large corporates across all sectors worldwide, from single premises to multi-location programs. In 2021, Property contributed about 11 percent to AGCS’s global gross written premium of €9.5 billion.

Srdjan Todorovic 

AGCS also confirms the promotion of dummy Srdjan Todorovic as Head of Global Political Violence & Hostile Environment Solutions based in London. This unit is part of AGCS’s Property line of business and provides dummy crisis management solutions to international companies which help them to respond to a number of situations, from terrorism and political violence to hostile environments.

Todorovic succeeds Björn Reußwig who leaves AGCS to pursue interests outside of Allianz from July 1. He joined AGCS in April 2015 as Head of Terrorism, Regional Unit London.

AGCS Board Member and Chief Underwriting Officer Corporate Shanil Williams comments:

“A warm welcome to Mike and congratulations to Srdjan. I’m very pleased to bring Mike into our underwriting leadership team with his international and North American experience, which reflects the diversity of our global portfolio. His combination of technical excellence in underwriting and a strong trading mentality will help us to growth profitably in Property in the years ahead, including in the strategically important North American market. Srdjan has established himself as an industry expert in the Political Violence & Terrorism segment and he is exactly the right person to continue to expand our services for clients as we broaden our Property insurance offering, building on Björn’s great work in this area. We all wish Björn well in his future career beyond Allianz.”

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancyProperty-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across nine dedicated lines of business and six regional hubs.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses. Among them are not only the world’s largest consumer brands, financial institutions, tech companies and the global aviation and shipping industry, but also satellite operators or Hollywood film productions. They all look to AGCS for smart solutions and global programs 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 more than 30 countries and through the Allianz Group network and partners in over 200 countries and territories, employing around 4,250 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2021, AGCS generated a total of €9.5 billion gross premium globally.

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With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.