Tracy Ryan to lead AGCS North America, succeeding William Scaldaferri

23 March 2023 —
Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group announced that Tracy Ryan will join AGCS Board of Management as Chief Regions and Markets Officer for North America. She succeeds William Scaldaferri who has decided to leave Allianz after 23 years, 11 of which were as a Member of the AGCS SE Board of Management.

Tracy Ryan was previously at Liberty Mutual Insurance Group where she was a Board Member and President, Global Risk Solutions North America from 2020, having served in a variety of technical and leadership roles over nearly 30 years.

Starting at Liberty Mutual as an actuary, she later led global account management teams, and then the company's commercial insurance product management unit, before becoming Executive Vice President and Chief Claims Officer for Global Risk Solutions in North America in 2016.

Scaldaferri joined Allianz Risk Transfer, Allianz's Alternative Risk Transfer (ART) business, in 1999, being appointed Chief Executive Officer of the ART Group in 2009. He has been a Member of the Board of Management of AGCS SE since 2012, and Chief Regions & Markets Officer for North America since 2016.

During this latter period, he led the integration of Fireman's Fund Insurance Company into AGCS, as well as the subsequent successful turnaround of AGCS' North American business which now represents 48% of AGCS's global business of EUR 11.2 billion (gross written premium 2022).

Tracy Ryan starts in AGCS's New York office as of March 7, taking on Scaldaferri's regional role as President and CEO of Allianz Global Risks US Insurance Company, AGCS's primary North American carrier, with immediate effect and will join the AGCS SE Board from April 1, subject to the usual regulatory approvals.