Jon Dye is stepping down as chief executive officer of Allianz at the end of November. He will be succeeded by Colm Holmes.
Dye joined Allianz in 2003 and became chief executive officer in 2013. During his tenure, he has overseen the acquisition of the general insurance businesses of LV= and Legal & General, which have made Allianz one of the leading personal and commercial lines insurers in the UK.
His legacy will be the successful integration of Allianz UK and LV= and helping the insurer achieve a step change in its market position.
Chris Townsend, board member at Allianz SE, said: “I would like to thank Jon for his leadership of Allianz Holdings since July 2013, in particular for working through our recent UK acquisitions and successfully navigating through the challenges of the pandemic. We look forward to Colm joining us to take our business forward and capitalising on our strong market position.”
Dye said: “I have thoroughly enjoyed my 18 years at Allianz. It has been a great privilege to lead such a fantastic business as part of such a successful team. I will be working with my colleagues over the next six months to ensure that Allianz is in the best possible shape for Colm to take on.”
Holmes, chief executive officer of Aviva General Insurance, brings a wealth of experience, having also held senior leadership positions in JP Morgan Chase, and Zurich Financial Services.
Aviva has appointed Adam Winslow as chief executive officer for the UK and Ireland general insurance following the departure of Holmes.
Winslow was most recently chief executive officer of Aviva’s international businesses, with responsibility for overseeing its strategic divestment programme.
In his new role, he will continue to report to Aviva group chief executive officer Amanda Blanc and be a member of its group executive committee.
Commenting on the appointment, Blanc said: “Aviva is a market leader in general insurance in the UK and Ireland, with significant ambitions for growth as we transform the performance of our core businesses following the reshaping of the group.”
“Adam’s talent and capability have been amply demonstrated in his leadership of our successful programme of eight divestments over the past eight months. Having now concluded the strategic refocusing of our portfolio, I am delighted to appoint him to this pivotal role, and his next challenge in Aviva.”
Winslow said: “The general insurance business in the UK and Ireland is an area of huge strength for Aviva, but also a business with exciting growth potential that I want to help realise. I’m looking forward to getting after that growth, working closely with our important broker partners, and supporting the delivery of our strategy.”