Munich-based Allianz Group's specialist corporate insurerAllianz Global Corporate & Specialty announced today that it iscreating a dedicated Cyber unit in the United States as part of itsfinancial lines portfolio.
Allianz has named Emy R. Donavan and Jenny Soubra nationalpractice leaders, effective immediately. They report to PaulSchiavone, who is Allianz's regional head of Financial Lines forNorth America.
Based in San Francisco, Donavan and Soubra will lead a teamtasked with developing and placing AGCS's first-ever U.S. Cyber andSpecialty Professional Indemnity policy. Since 2013, AGCS has beenoffering a dedicated Cyber insurance product in Asia and Europe,followed by Canada in 2014.
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