Allianz Commercial confirms a key appointment to its global leadership team taking effect immediately. 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.”