Allianz Commercial announced the appointment of Vanessa Maxwell as global head of cyber, in addition to her existing role as global head of 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,” said Shanil Williams, chief underwriting officer at Allianz Commercial.

Maxwell, who has over 20 years of experience in financial lines and cyber, joined Allianz Commercial from Berkshire Hathaway Specialty Insurance (BHSI) less than two years ago. During her tenure at BHSI, she served as country manager and head of executive and professional lines for the UK. She has also held senior roles at AIG and Lexington Insurance Company.

This new appointment follows the departure of Scott Sayce, who moved to a new role outside Allianz in June. Williams expressed gratitude for Sayce’s leadership, crediting him with establishing cyber as a strong presence within the company and growing it to become a stand-alone line of business. &

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