Allianz appoints new Managing Director for UK Retail business

Allianz Holdings has announced (14 September 2023) the appointment of Henry Topham as the new managing director of its UK Retail business, following the recent news that Heather Smith will be leaving the business to take up a new opportunity. Henry will start on 1 October 2023 and report to Serge Raffard, managing director of Allianz Personal Lines.

Henry has been with Allianz since December 2016 and is currently the managing director of Britannia Rescue and Flow. In his time at the company, he has successfully led the development and execution of the company’s strategy for both its breakdown business and also digital-only insurance product, Flow. Prior to joining Allianz, Henry worked at a number of other companies including Aviva and Direct Line Group.

Commenting on his appointment, Serge Raffard, said: “Henry is a fantastic addition to my leadership team. Over the last few years, he has successfully managed two of our core business products and has made a significant contribution to the overall performance of our Retail business in the UK. With a career that spans over 30 years and strong business acumen, I know he’ll ensure our retail business continues to be a success in the UK with a particular focus on developing our main strengths as a motor and home insurer.

“I’d also like to take the opportunity to thank Heather for everything she has done for our business in the seven years she has been with the company. We wish her all the best for the future.”

Henry Topham added: “I’m delighted to be offered this opportunity to lead our Retail business. We have such a strong business here in the UK and as one of the leading motor and home insurers, supporting millions of customers, I want to ensure we can continue to go from strength to strength. I’m convinced that by maintaining a robust approach to our pricing and underwriting, while at the same time making sure we carry on putting customers at the heart of everything we do by delivering the best products and services, we will remain successful in what is quite possibly one of the most competitive insurance markets globally.”

*Henry’s appointment is subject to regulatory approval.