AGCS names global head of construction

Darren Smart has been appointed as global head of construction for Allianz Commercial.

Smart will join the firm from Liberty Specialty Markets, where he is currently global construction practice leader, in March 2024.

Smart, who started his career at Allianz UK, will report to Gordon Browne, global head of specialty.

Allianz said the appointment follows the decision earlier this year to separate natural resources and construction into their own lines of business.

Max Benz, previously head of the combined energy and construction business, will take up a leadership role at Allianz Risk Consulting.

Browne said: “I am delighted to welcome Darren back to Allianz in this global role, leading construction for Allianz Commercial. His deep expertise and knowledge of the industry, combined with a global focus and approach, will bring significant value and enable us to drive forward our growth ambitions for this important part of our business.”