Allianz appoints UK retail managing director

Allianz has appointed Britannia Rescue and Flow managing director Henry Topham (pictured) as MD of UK retail. Subject to regulatory approval, Topham is succeeding Heather Smith in October.

“I’m delighted to be offered this opportunity to lead our retail business,” Topham commented in a release. “We have such a strong business here in the UK, and as one of the leading motor and home insurers supporting millions of customers, I want to ensure we can continue to go from strength to strength.

“I’m convinced that by maintaining a robust approach to our pricing and underwriting, while at the same time making sure we carry on putting customers at the heart of everything we do by delivering the best products and services, we will remain successful in what is quite possibly one of the most competitive insurance markets globally.”

Topham came on board Allianz in December 2016. His credentials include time spent at Aviva and Direct Line Group. Currently he heads Allianz’s breakdown business Britannia Rescue and digital-only insurance product Flow.

“Henry is a fantastic addition to my leadership team,” Allianz personal lines managing director Serge Raffard said. “Over the last few years, he has successfully managed two of our core business products and has made a significant contribution to the overall performance of our retail business in the UK.

“With a career that spans over 30 years and strong business acumen, I know he’ll ensure our retail business continues to be a success in the UK with a particular focus on developing our main strengths as a motor and home insurer.

“I’d also like to take the opportunity to thank Heather for everything she has done for our business in the seven years she has been with the company. We wish her all the best for the future.”

Smith is moving to AXA Health in 2024 to serve as chief executive.

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