Departure forces Allianz Global Corporate to appoint new global cyber head

Allianz Global Corporate and Specialty (AGCS) has promoted Emy Donavan to lead its cyber insurance business, succeeding Nigel Pearson who has left the company to pursue other opportunities.

Donavan will assume the position of global head of cyber from March-end. In her new role, she will oversee cyber insurance for both commercial companies and financial institutions as well as IT tech professional indemnity (PI) insurance.

She will be based in San Francisco, reporting to global head of financial lines Bernard Poncin.

Donavan is currently the regional head of cyber for AGCS North America. The company said that her regional role will not be replaced.

Prior to joining AGCS as North American cyber practice leader in December 2015, she served as vice president of underwriting at AXIS Pro focusing on cyber and technology placements. Donavan has also held senior roles developing the specified professions and technology division at Zurich North America. She started her insurance career as an underwriter for ACE Group.

Poncin commented: "I would like to thank Nigel Pearson for establishing our global cyber practice in the past three years and wish him the best for his future.

"Emy Donavan will be an excellent successor. Her profound cyber underwriting experience in the mature US market and proven management track record will help us to further expand our footprint in the dynamic global cyber insurance market."

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