Allianz has promoted Jenny Bax to the newly created role of GM Underwriting Agencies to lead the unit’s strategic direction as governance and regulation rapidly evolves.

The Sydney-based role, part of Allianz’s Broker and Agency team, begins on Wednesday.

“I’m really excited to have someone of Jenny’s calibre and experience lead the team,” Allianz Australia’s Chief GM Broker and Agency David Hosking said.

Ms Bax has been senior portfolio director in the technical division at Allianz since February last year.

She has 25 years’ experience in insurance, most recently as NSW state manager at Ansvar. She also spent almost eight years at QBE and five years at CGU.

Allianz has involvement in seven underwriting agencies: AM&T, Dawes Motor Insurance, GT Insurance, Ken Tame, Primacy, Strata Community Insurance and SURA Plant and Equipment, for which it supplies security.