Allianz snags management liability exec from Nationwide

Matthew Azzara

Allianz SE unit Allianz Global Corporate & Specialty said Thursday that former Nationwide Mutual Insurance Co. executive Matthew Azzara will become regional head of its management liability commercial business in North America, effective May 3.

Mr. Azzara, who was most recently national head of private company management liability with Nationwide, will be based in New York.

He will be responsible for directors and officers insurance, employment practices liability and fiduciary and crime coverage for all public, private and not-for-profit commercial entities in North America.

Mr. Azzara, who will report to Joseph F. Caruso, regional head of financial lines North America, will fill the position vacated by Katie Fioretti, who has assumed the new role of regional head of portfolio steering for financial lines, North America, the company said.