Allianz reveals restructure

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Allianz Holdings has announced a strategic restructuring of its operations to create distinct personal and commercial businesses.

The insurer stated that this is the next step in its integration of the LV General Insurance and L&G General Insurance businesses, with the aim to “simplify and streamline” its operations.

As a result of the restructure, LV boss Steve Treloar becomes CEO, Allianz Personal and Simon McGinn becomes CEO, Allianz Commercial.

They will report to Jon Dye, CEO, Allianz

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