Allianz Partners USA Adds Espeut as Chief Financial Officer

RICHMOND, VA, September 15, 2022—Allianz Partners USA has announced that Patrick Espeut has joined the Henrico, VA-based travel insurance company as Chief Financial Officer.  Espeut succeeds Jeff Wright who was promoted to the company’s Chief Executive Officer in February 2022. Espeut was previously Chief Financial Officer of Allianz Partners’ business unit in Canada.  

“Patrick did a tremendous job in developing and implementing our financial business strategy in Canada and we’re excited to add him to our team in the U.S.,” said Jeff Wright, CEO at Allianz Partners USA.  “Patrick joins us in the U.S. at an exciting time of tremendous growth for the travel insurance industry and we’re glad to have him aboard to help us navigate the challenges and opportunities that rapid growth provides.”

Prior to joining Allianz Partners in Canada in June 2020, Espeut held a variety of leadership roles over a 17-year career at Canadian insurer Echelon Insurance, including serving as the company’s Chief Financial Officer and Chief Risk Officer.  Espeut is the volunteer treasurer and a board member of the Canadian Association of Black Insurance Professionals and is the volunteer president of the Canadian Insurance Accountants Association.  He graduated from the University of Toronto with a Bachelor of Commerce in Finance and is a Chartered Professional Accountant (CPA) of Canada.

 

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Press contact

FINN Partners
Robin Magrisi / Robin.Magrisi@finnpartners.com  
Megan Derks / Megan.Derks@finnpartners.com

About Allianz Partners: In the United States, Allianz Partners USA (AGA Service Company) offers Allianz Travel-branded travel protection plans and serves millions of customers each year. In addition to travel protection, the company offers event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. AGA Service Company is doing business as Allianz Global Assistance Insurance Agency in California (License # 0B01400) and Massachusetts. Allianz Partners USA is part of the Allianz Partners group. Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech, high-touch products and solutions that go beyond traditional insurance. Present in over 75 countries, our 19,400 employees speak 70 languages, handle over 58 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. Products may not include all benefits or covered reasons described here. Benefits, coverage, exclusions, and limits vary by plan and by state. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums. Rental Car Damage Protector does not provide coverage for vehicles driven in Jamaica; other location-based restrictions may apply, see your plan for details. Rental Car Damage Protector provides benefits that may cover loss, damage or theft to the insured’s rental car, subject to the plan’s terms, conditions and exclusions. It does not provide bodily injury or property damage liability coverage or comply with any financial responsibility laws or laws mandating motor vehicle coverage. Rental Car Damage and Theft Coverage, when purchased as part of an annual plan, is not available to KS, TX, and NY residents. For WA residents, Rental Car Damage and Theft Coverage may not be available in all plans. For a complete description of the coverage and benefit limits offered under your specific plan, carefully review your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101‐C series or 101‐P series, depending on state of residence. A+ (Superior) and A (Excellent) are the 2nd and 3rd highest, respectively, of A.M. Best’s 13 Financial Strength Ratings. Except as otherwise specified, AGA Service Company d/b/a Allianz Global Assistance is the licensed producer and administrator of Allianz Travel-branded travel protection plans in the U.S. and an affiliate of Jefferson Insurance Company. Allianz Global Assistance and Allianz Partners are marks of AGA Service Company or its affiliates. The insured shall not receive any special benefit or advantage due to the affiliation between Allianz Global Assistance and Jefferson Insurance Company. Plans include insurance and assistance services. Noninsurance benefits/products are provided and serviced by Allianz Global Assistance.