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Former Liberty Mutual exec Tracy Ryan joins Allianz

Tracy Ryan

Tracy Ryan, who last year left her position as president of global risk solutions, North America, at Liberty Mutual Insurance Co., has joined Allianz Global Corporate & Specialty as chief regions and markets officer, the insurer announced Tuesday.

She succeeds William Scaldaferri, who is leaving Allianz SE after 23 years, an AGCS statement said. A spokeswoman for AGCS said “he’s exploring new options.”

New York-based Ms. Ryan will also take on Mr. Scaldaferri’s role as president and CEO of Allianz Global Risks U.S. Insurance Co., AGCS’s main insurance unit, and will join the AGCS board of management, the statement said.

Ms. Ryan, who started as an actuary and spent nearly 28 years at Liberty Mutual, left the insurer last June. In August, Liberty Mutual named former CNA Financial Corp. executive Kevin Smith as her successor.

Ms. Ryan was named one of the 2014 Business Insurance Women to Watch.