Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (“AGCS”) has expanded its North American cyber insurance team with the addition of three industry professionals: Laura Burke, Daniel J. DeLoof, and Lester Shearn.

Emy R. Donavan also was 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 in a statement that it is expanding its cyber practice in response to growing concerns about internet security from businesses globally. “As data breaches and internet security have quickly become a primary concern for North American businesses, Allianz continues to invest in its talent, products, and technology to meet the evolving needs of our clients and address the alarming growth of cyber risk exposures,” said Ms. Donavan.

Ms. 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, Ms. Burke was the cyber practice leader for Lockton Chicago. She holds the CIPP/US certification and earned her M.B.A. at the University of Chicago Booth School of Business and B.S. at Virginia Polytechnic Institute and State University.

Mr. 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 and cyber, privacy network, and liability claims. He is a graduate of Saint Joseph's University with a B.S. in risk management and insurance.

Joining the cyber team as an underwriting specialist is Mr. Shearn, based in Atlanta. Mr. Shearn has more than 15 years of industry experience, 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 for cyber, media, and specialty PI, based in San Francisco, who reports to Ms. Donavan.