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Allianz's Graham Gibson appointed as Chairman of Thatcham Research

Press Release   •   Mar 29, 2018 10:38 BST

Allianz's chief claims officer, Graham Gibson

As chief claims officer at Allianz Insurance, Graham is an industry advocate with extensive experience in a range of market initiatives across claims and personal injury. He also serves on a variety of insurer related groups, including Board Member for the Insurance Fraud Bureau.

Graham said:

“I am excited to have been given this opportunity to work closely with Thatcham Research. Their passion and commitment to improving automotive safety and security demonstrates a dedication to both the insurance industry and vehicle manufacturers.

“I have seen first-hand the hard work and innovative research carried out by Thatcham Research having been an active member of its board since 2012. I look forward to working with members of the team and producing some exciting research.”

He replaces current Chairman Ian Currie, who is retiring from his role as UK Motor and Injury Claims Director at RSA, after two-and-a-half years at the helm. Ian has contributed to Thatcham Research as a Board member over six years and helped steer it through a period of notable change, with the organisation increasingly recognised as a global centre of excellence for assisted and automated driving assessment and testing.

The Thatcham Research Board is drawn from its 24 member insurers, who fund the essential research on vehicle safety, security, personal injury and accident damage repair.

Ruth McRitchie, Thatcham Research Director of Finance, welcomed Graham’s appointment:

“I am delighted to welcome Graham as our new Chairman. He brings a wealth of experience from his role at Allianz, together with his commitment and enthusiasm for Thatcham.

“Under Ian Currie’s leadership, we have repositioned ourselves to address the future challenges for the motor insurance industry. Our new three-year strategic plan sets out the key challenges of preparing our members for the emergence of autonomous and assisted driving. This includes the impact of connected cars and cyber security, along with the repair challenges resulting from the rapid growth of new electric and hybrid vehicles.

“We’re very much looking forward to working even more closely with Graham as he prepares to build on everything that Ian has delivered for us. We would like to extend our sincere thanks to Ian who has provided us with such strong leadership.”

ENDS

For more information please contact Tom Flisher, PR Manager at Thatcham: tom.flisher@thatcham.org

The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.

The Allianz Group is one of the world's leading insurers and asset managers with more than 86 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold a leading position in the Dow Jones Sustainability Index. In 2016, over 140,000 employees in more than 70 countries achieved total revenue of 122 billion euros and an operating profit of 11 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group's core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events), (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the euro/US-dollar exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.

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