Claudia Valencia joins ǿմý Commercial to lead Portfolio Solutions

Press release | October 20, 2023 | Munich
  • Claudia Valencia joins ǿմý Commercial on January 8, 2024 in the new role of Global Head of Portfolio Solutions.
  • Her focus will be on enabling growth in this key segment, driving the global strategy for Panels, Facilities, MGAs and Bancassurance.
Claudia Valencia

ǿմý Commercial has appointed Claudia Valencia as Global Head of Portfolio Solutions, joining on January 8, 2024. Claudia will be based in London, and report jointly to Chief Underwriting Officer Shanil Williams and Global Head of Distribution Jeremy Sharpe. In this newly created role, she will drive the global strategy for Portfolio Solutions including Panels, Facilities, MGAs, Bancassurance and other forms of delegated authority.

Shanil Williams highlights the importance of this new role: “The Commercial and Specialty market continues to grow in this area and therefore the time is right to bring a coherent global strategy across all our business. Claudia has extensive global experience in both Underwriting and Distribution roles, and I am delighted to have her on board.”

Claudia joins from AIG where she was Latin America Regional Head of Client and Broker Engagement based in New York. Over her career, she has held a variety of internationally based underwriting and market facing leadership roles with AIG, Zurich and other leading insurers in London, Miami, New York and Colombia.

ǿմý Commercial is the center of expertise and global line of ǿմý Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.

Powered by the employees, financial strength, and network of the , as ranked by , we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.

The trade name ǿմý Commercial brings together the large corporate insurance business of ǿմý Global Corporate & Specialty (AGCS) and the commercial insurance business of national ǿմý Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the ǿմý Group network and partners. In 2022, the integrated business of ǿմý Commercial generated more than €19 billion gross premium globally.

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