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JV between Allianz, LV= appoints executive team

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JV between Allianz, LV= appoints executive team

The joint venture between Allianz Group and Liverpool Victoria Friendly Society Ltd.s LV= General Insurance appointed a new executive team, effective Dec. 28.

Alan Cook, chairman of Liverpool Victoria Friendly Society, will also chair LV= General Insurance. Steve Treloar will be the CEO and report to Cook.

Digital director Heather Smith will become chief customer officer. Her role will also include direct marketing and the digital team. Martin Milliner, claims director, will additionally be heading the claims sourcing team.

Kevin Wenzel, chief actuary at Allianz UK, will serve as CFO of LV= General Insurance. Gavin Drescher will serve as an IT change delivery director, while Peter Sinden will be the strategy, transformation and engagement director.

The business unit will shortly start the recruitment process for the posts of chief risk officer and human resources director.

Allianz and LV= announced the strategic partnership in August, with Allianz acquiring 49% of LV= General Insurance for £500 million.