As the implementation of its 'Integrated Commercial' strategy to better serve the full Commercial segment advances, Allianz confirmed today the regional leader for the important growth region Asia: Christian Sandric will join Allianz Commercial from AIG as Commercial Managing Director Asia in Singapore with effect from 1 September 2023, subject to regulatory approval. Mark Mitchell, the current Regional Managing Director for Asia for Allianz Global Corporate & Specialty SE (AGCS), will continue in his role until Christian Sandric joins, before stepping down to pursue opportunities outside Allianz Group.
Allianz Commercial Asia serves clients across this region, covering key markets such as China (including Hong Kong), India, Indonesia, Japan, Malaysia, Sri Lanka, Singapore, South Korea, and Thailand. In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced digital capabilities and strong product and services portfolio which includes Multinational and Risk Consulting, as well as Global Industry and Alternative Risk Transfer solutions.
Christian Sandric is currently President & CEO of AIG Singapore, and Regional Manager for Indonesia, the Philippines and Vietnam with overall management responsibility for AIG’s General Insurance business in those territories. In his 24-year career with AIG, he held a series of leadership positions with increasing responsibility across the United States, Australia, Europe and Asia. Prior to moving to Singapore, he spent nine years working with AIG Japan in addition to other Asia based roles in both Hong Kong and Shanghai. Sandric holds a Bachelor of Science in Environmental Conservation and International Affairs from the University of New Hampshire.
Sandric’s appointment comes after the confirmation of similar leadership roles for other key Commercial markets globally such as Australia, France, Germany, the UK, and in Iberia and Latin America. In each region, the appointed single Commercial Managing Director represents the integrated Allianz Commercial business and brings Allianz’s full set of solutions for mid-sized companies, large corporations and specialty clients to the market, leading our trading activities, and simplifying and enhancing the experience of clients and distribution partners.
Joachim Mueller, who leads Allianz Commercial as part of his role as CEO of AGCS, comments: “I am pleased to welcome Christian to Allianz Commercial and I know that his excellent knowledge and network across all major Asian markets will help us drive our business forward in this important growth region. I particularly want to thank Mark Mitchell for his very strong contribution to AGCS’s development in Asia Pacific. He and his team have built up this business with great professionalism, establishing the foundations on which Allianz Commercial can grow profitably in Asia. On behalf of all at AGCS, I wish him all the best for the future.”
Allianz announced on March 10, 2023 that it will serve the global commercial insurance segment as one go-to-market business, using the new trading name of Allianz Commercial, combining its AGCS business serving large corporate and specialty clients together with the insurance businesses of Allianz’s operating entities serving mid-sized country-based accounts. Joachim Mueller will lead Allianz Commercial as part of his responsibilities as CEO of AGCS SE.
About Allianz Assistance Singapore
About AGCS
Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-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 floating wind parks 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 more than 4,200 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2022, AGCS generated a total of €11,2 billion gross premium globally.
