Allianz Commercial Appoints Vanessa Maxwell Global Head of Cyber, Financial Lines
Allianz Commercial confirms a key appointment to its global leadership team taking effect immediately, according to a statement by the global insurer.
Vanessa Maxwell is appointed Global Head of Cyber, in addition to her current role as Global Head of Financial Lines, reporting to Shanil Williams, Chief Underwriting Officer at Allianz Commercial.
In this new dual role, Vanessa will lead both Cyber and Financial Lines as separate Lines of Business.
This organizational structure reflects the strategic importance of both products to Allianz Commercial, as well as the connection between both Financial Lines and Cyber in the wider insurance market.
With over 20 years’ experience in Financial Lines and Cyber, Vanessa Maxwell joined Allianz Commercial as Global Head of Financial Lines just under two years ago from Berkshire Hathaway.
During her time with Berkshire Hathaway Specialty Insurance, she was Country Manager and Head of Executive and Professional Lines both for the UK. Prior to that, and over her career, she also worked in increasingly senior roles at AIG and Lexington Insurance Company.
Maxwell’s predecessor, Scott Sayce moved to a new role outside Allianz in June.
Shanil Williams comments: “I would like to thank Scott Sayce for the highly professional steering of Cyber under his leadership. During his time with us, he established Cyber as a strong presence within our book, growing it significantly and moving it to become a stand-alone Line of Business. A huge thank you to Vanessa Maxwell for taking her newly created role as Global Head of Cyber and Financial Lines.
“I have every confidence that she, and the Cyber leadership team will continue to build our presence in this area, in line with our ambitions of market leadership.”
About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or Hollywood film productions.
Powered by the employees, financial strength, and network of the world’s #1 insurance brand, as ranked by interbrand, we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services, as well as seamless claims handling.
The trade name Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2023, the integrated business of Allianz Commercial generated more than €18 billion gross premium globally.
