Thomas Lillelund Appointed CEO of Allianz Commercial and and AGCS

Allianz Global Corporate & Specialty SE (‘AGCS’) today announced that Thomas Lillelund will join Allianz as the CEO of AGCS in early 2025 once his existing commitments have ended and subject to regulatory approval.

This is contained in a statement released by the global insurer and made available to this medium.

Mr. Lillelund will also assume leadership of Allianz Commercial, Allianz Group’s integrated global model for serving the Commercial Property & Casualty insurance segment (Mid Corporate, Large Corporate and Specialty customers). 

A Danish citizen with broad international experience, Mr. Lillelund is a global leader with a career of more than 25 years in the insurance industry.

Prior to his current role as CEO of AIG Europe, Middle East and Africa, he has lived and worked in Europe, the UK, Singapore, South Africa, Hong-Kong and the United States for Aspen Re, Gen Re, and Swiss Re.

He earned a bachelor’s degree in economics from The College of William & Mary (Virginia, U.S.A.) and a master’s degree in business administration from Western University (Toronto, Canada).

Commenting on the appointment, a member of the Board of Management at Allianz Group, Chris Townsend said “I’m delighted to welcome Thomas to Allianz.

“He is known for driving profitable growth, for building cultures focused on clients and underwriting integrity, and for developing high-performing teams.

“I’m looking forward to working with him and the talented team at Allianz Commercial to further drive our integrated approach for large corporate, mid corporate, and specialty customers worldwide.”