29 April, 2026
Allianz UK announces changes to Commercial senior leadership team
Allianz UK has announced a number of changes to its Commercial senior leadership team - designed to support its strategic focus on becoming the easiest commercial insurer to do business with.
After 25 years with the company, Nick Hobbs has decided to step down from his role as Chief Distribution Officer and as Chairman of Allianz Engineering Inspection Services at Allianz UK. He will remain with the business for a transition period to ensure continuity for broker partners and customers.
Alex Ktenidis, currently Director of Digital and Allianz Legal Protect (ALP), will be appointed Chief Distribution Officer. Alex will work closely with Nick, including joint broker engagement activity, to ensure a seamless changeover.
Eibhlin Swan will become Director of Digital & ALP, returning to Allianz Commercial from Claims, where she is currently Director of Claims Strategy and Customer Experience and has help lead the transformation into a single claims function.
Claire Buck, currently Chief Technical Officer, will move into the newly created role of Director of Strategy, Enablement and AEIS, with leadership responsibility for Allianz Engineering Inspection Services.
Adam Lloyd will continue as Chief Underwriting Officer, with additional responsibility for technical pricing, which will now sit within his remit.
Graham Stait will continue in his role as Director of UK Markets.
Commenting on these changes, Phuong Ly, Managing Director, Allianz Commercial UK, said:
“I’d like to thank Nick for his outstanding contribution to Allianz over the past 25 years. His dedication, leadership and commitment to the market have been immense. I’m grateful that he will remain with the business during this transition period to support a thorough handover and ensure continuity for our partners. We wish him all the very best for the next chapter when it arrives.”
“I’m delighted to share the new leadership appointments, which reflect the depth and strength of talent we have across Allianz Commercial. This experienced team brings together strong market knowledge, technical expertise and a clear focus on delivery, ensuring we are well positioned to deliver on our ambition to be the easiest commercial insurer to do business with.”
Commenting on the news Nick Hobbs said:
“Allianz Commercial in the UK is a great business made up of the most extraordinarily dedicated and gifted people.
"I’m hugely proud of what we have been able to achieve together over the years.
"We’ve never stopped looking for things we can make better - and succeeding at it.
"I wish Colm, Phuong and the very special Commercial team every success as Allianz continues to bring the best of itself to market.”
Appointments will be effective from 1 May 2026 and are subject to regulatory approval.
Notes to Editors
Head of External Communications | Benjamin Moss [email protected]
External Communications Manager | Sara Robinson [email protected]
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance.
The Allianz Group is one of the world’s leading insurers and asset managers, active in almost 70 countries and serving around 97 million private and corporate customers*. Our customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Recognized for the seventh consecutive year as the number one global insurance brand in Interbrand’s Best Global Brands 2025 ranking, Allianz’s success is built on technology-enabled customer centricity – providing peace of mind, protection, and prevention for our customers and strengthening the resilience of individuals, communities, and societies. We are one of the world’s largest investors, managing around 764 billion euros** on behalf of our insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 2.0 trillion euros** of third-party assets. Thanks to our systematic integration of environmental and social criteria in our business processes and investment decisions, Allianz received an MSCI ESG Rating of AAA (as of March 2026). In 2025, our 156,000 dedicated employees achieved a total business volume of 186.9 billion euros and an operating profit of 17.4 billion euros for our shareholders.
* Customer count reflects Allianz customers in consolidated entities that are part of the customer reporting scope only.
** As of December 31, 2025.
Mandatory corporate information: Corporate disclosures
These assessments are, as always, subject to the disclaimer provided below.
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements.
Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including related integration issues and reorganization measures, and (xii) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
No duty to update
Allianz assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
Privacy Note
Allianz SE is committed to protecting your personal data. Find out more in our privacy statement.
.jpeg)
