Allianz X, the insurance technology specialist company of Allianz Group, has appointed Peter Borchers as CEO, effective 1 October.
Borchers will join from Deutsche Telekom.
Christof Mascher, member of the management board of Allianz SE and COO of Allianz Group, said: “Allianz X will unlock strategic growth opportunities for Allianz in InsurTech and adjoining areas like blockchain, artificial intelligence or virtual reality, addressing topics like mobility, health and care.”
“Peter Borchers has broad experiences in digitisation and I am glad he’ll join Allianz.”
Solmaz Altin, chief digital officer of Allianz SE, added: “We share with Borchers the same enthusiasm about the digital potential in insurance. Allianz X will open up significant growth potential for Allianz in a targeted manner and with creative freedom.”
