Allianz Global Corporate & Specialty Appoints David Warfel Head of Aviation, North America

NEW YORK–(BUSINESS WIRE)–Allianz Group’s specialist corporate insurer Allianz
Global Corporate & Specialty
® (AGCS) announced today
that David Warfel has been named Head of Aviation, North America,
effective October 1. Based in New York, Warfel was previously Head of
Major Risks for Aviation at Allianz for more than five years. He takes
over responsibility from Mike Hansen, who was promoted to Global Head of
Aviation earlier this year.

In his new role, Warfel is charged with leading the Aviation business in
the region, developing and executing on the regional strategy as well as
supporting the global ‘One Aviation’ approach. He will report directly
to John Barnwell, Regional Head of Specialty Lines, North America, with
a matrix reporting line to Mike Hansen.

“Ensuring we are the industry leader in all things from customer service
to product excellence has always been our number one priority,” said
Mike Hansen. “Dave’s experience and long-standing relationships in the
market only solidify our commitment to this cause.”

Warfel has nearly two decades of aviation insurance experience with a
background in General Aviation, Product Liability and Airline
underwriting. He has been with AGCS since 2008; prior to his previous
role as Head of Major Risks, he was an Aviation Practice Leader for the
Midwest. Before joining AGCS, Warfel held various underwriting and
management positions at AIG and USAIG.

Warfel is a graduate of the Institute of Aviation at the University of
Illinois and is a licensed commercial pilot.

“For almost ten years, Dave has been an integral part of the growth in
our Aviation business,” added John Barnwell. “His commitment to our
clients and brokers, as well as his ability to create customer solutions
will keep us ahead of the industry standard.”

About Allianz Global Corporate & Specialty

Allianz Global Corporate & Specialty (AGCS) is the Allianz Group’s
dedicated carrier for corporate and specialty insurance business. AGCS
provides insurance and risk consultancy across the whole spectrum of
specialty, alternative risk transfer and corporate business: Marine,
Aviation (incl. Space), Energy, Engineering, Entertainment, Financial
Lines (incl. D&O), Liability, Mid-Corporate and Property insurance
(incl. International Insurance Programs).

Worldwide, AGCS operates in 32 countries with own units and in over 210
countries and territories through the Allianz Group network and
partners. In 2016, it employed around 5,000 people and provided
insurance solutions to more than three quarters of the ‘Fortune Global
500’ companies, writing a total of €7.6 billion gross premium worldwide.

AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.

For more information please visit www.agcs.allianz.com
or follow us on Twitter @AGCS_Insurance,
LinkedIn
and Google+.

Cautionary
Note Regarding Forward-Looking Statements

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