17 June 2020Insurance

Allianz unit AGCS continues cyber expansion with new product

Allianz Group's specialist corporate insurer has expanded its UK cyber team and launched a new product as part of its continuous investment in this important area of risk for businesses.

Allianz Global Corporate & Specialty's (AGCS) new Cyber Protect product is designed to provide a full suite of third party and first party covers to ensure a company is fully protected in the event of data breach or a cyber-security incident.

The expanded AGCS regional unit London (RUL) cyber team will aim to drive account retention and business growth opportunities in the cyber market and wider financial lines product areas.

The RUL team includes Rehan Hussain, regional head of cyber; Yogi Virji, underwriting manager for cyber RUL and global cyber underwriter; Michela Moro, senior cyber underwriter; Daniel Lander, senior cyber underwriter; and Lewis Bennett, cyber underwriter.

Stefania Davi-Greer, head of financial lines, AGCS RUL, commented: “I’m delighted to see our Cyber underwriting team thriving and becoming a team of five with the most recent appointment of Michela. The team’s depth of expertise and specialist knowledge, alongside our new Allianz Cyber Protect product, means we are expertly positioned to support our clients’ and brokers’ needs in this area.”

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