By: 9 January 2023
Allianz appoints new chief actuary

Allianz has appointed Laurence Townley to the role of chief actuary for its UK business.

Townley (pictured) joins Allianz after 10 years at Direct Line as director of financial risk. Prior to that, he held various roles at Zurich Insurance UK, including chief actuary.

He is a fellow of the Institute and Faculty of Actuaries and has chaired the prudential regulation committee at the Association of British Insurers, overseeing matters such as Solvency II and regulatory framework reviews.

Fernley Dyson, chief financial officer at Allianz Holdings, commented: “As ever, and more so in these challenging times, it’s crucial for businesses to have clear leadership and ambitious targets and I have no doubt the expertise and experience Laurence is bringing to Allianz will aid our future success. I’d like to extend a warm welcome and I look forward to working with him.”

Image: Allianz