Allianz Global Corporate & Specialty (AGCS) has expanded its North American cyber insurance team with three industry professionals: Laura Burke, Daniel J. DeLoof and Lester Shearn.
Emy R. Donavan was also promoted to regional head of cyber and U.S. deputy head of Errors and Omissions (E&O), including technology, media and specialty professional indemnity (PI).
Allianz said it is expanding its cyber practice in response to growing concerns about internet security from businesses globally.
Burke has joined as executive underwriter of cyber, technology, media and specialty PI. Based in Chicago, she is responsible for the placement of enterprise cyber and professional liability risks. Prior to joining Allianz, Burke was the cyber practice leader for Lockton Chicago.
DeLoof has been appointed senior underwriter for Allianz’s cyber business and will be based in New York. He joins Allianz from ACE Group, where he was a claims representative for Professional Risk – Cyber, Privacy Network and Liability Claims.
Shearn is joining the cyber team as an underwriting specialist. Shearn has more than 15 years of industry experience and was previously with AXIS Insurance as unit coordinator and held various financial lines positions with Zurich North America and AIG.
The new additions will report to Jenny Soubra, national practice leader, cyber, media and specialty PI, based in San Francisco.
Was this article valuable?
Here are more articles you may enjoy.
Study Urges Rethinking of Disaster Management in Era of Compounding Events 
Viewpoint: Deepfake Fraud Is On the Rise. Here’s How Insurers Can Respond 
Surplus Lines Commercial Growth; Fla. Litigation Costs Reach New High in 2023 
Progressive Q2 Net Income Skyrockets Over 320% 
