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9 July 2025news

Allianz Commercial unveils new global ART head

Allianz Commercial has unveiled a new global head of Alternative Risk Transfer at Allianz Global Corporate & Specialty.

Lara Martiner (pictured) succeeds Grant Maxwell, who leaves Allianz at the end of June. She will also maintain her current role as CEO of AGCS subsidiary Allianz Risk Transfer.

Martiner has been with Allianz Group for more than 14 years, originally joining in 2011 as legal counsel, head of compliance and location head in Zurich. 

Since that time, she has held a variety of increasingly senior roles in AGCS and the Alternative Risk Transfer organisation, including joining the executive board of Allianz Risk Transfer AG in October 2021, and taking on the role of chief executive and general counsel one year ago.  

Alternative Risk Transfer helps clients develop non-traditional solutions including structured insurance, captive fronting, and bespoke risk solutions. 

Vanessa Maxwell, chief underwriting officer at Allianz Commercial, said: “Congratulations to Lara on her appointment to this key role in our business and I look forward to working with her. 

“Alternative Risk Transfer is an area of key growth for us, and I have every confidence that she will continue to build on our capabilities and expertise, for the benefit of our wider business in future. I would also like to thank Grant for his capable and effective leadership of this business unit over the last five years and his almost 17 years with Allianz Group.”

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