Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has named Mike Hansen as Global Head of Aviation, effective immediately. He takes over this responsibility from Henning Haagen who was appointed Northeast Zone Executive for North America earlier this year and has been managing dual responsibilities in the interim. Hansen, who currently oversees the North American aviation business of AGCS, will be relocating from Canada to London later this year. A successor for his regional role will be announced in due course. As Global Head of Aviation, Hansen is reporting to Paul O’Neill, AGCS Board Member and Chief Underwriting Officer, Specialty.
“I would like to particularly thank Henning for the significant value he has contributed while guiding the Aviation unit globally for almost five years,” stated Paul O’Neill. “I look forward to working with Mike managing our aviation business in a challenging market environment and making the most of opportunities in the months ahead. I am confident this will be a smooth transition.”
In 2016, the aviation business has contributed seven percent to AGCS’s overall global gross written premiums of €7.6 billion.
In his new role, Hansen will lead the overall aviation underwriting strategy, continuing to drive this key business forward. A successor for his regional position will be announced in the near future, and in the interim, he will maintain responsibility for both the Global and North American markets.
Mike Hansen joined AGCS in June 2016 and since that time has had overall responsibility for the US, Canadian and Mexican Aviation business. He brings with him almost 35 years international aviation insurance industry experience from both an underwriting and broking background. Prior to joining Allianz, he was most recently Deputy Chief Underwriting Officer at XL Catlin Aerospace, and also worked in underwriting positions at AIG and Markel.