Allianz has announced the appointment of Dr Catharina Richter as its new global head of Cyber Centre of Competence for Allianz Group.
Allianz’s Cyber Centre of Competence (CoC) coordinates and steers cyber risk underwriting and governance across the group and is embedded into Allianz Global Corporate and Specialty (AGCS) – the corporate insurance specialist part of the group.
Richter will report directly to AGCS chief underwriting officer corporate and board member Thomas Sepp.
She joins from Allianz SE, where she is currently head of digital regulation, responsible for developing regulatory strategy for digitalisation on behalf of Allianz Group and shaping the regulatory and supervisory debate in the field of cyber.
A lawyer by training, she joined Mondial Assistance in 2000 as general counsel, and since that time has been head of distribution and solutions legal Europe for Allianz Global Investors and head of regulatory management for Allianz SE.
Sepp said: “Cyber is the top global business risk in the Allianz Risk Barometer 2020 and a significant opportunity for insurance, but at the same time it also requires central governance, steering and control to realize sustainable growth.
“I am delighted that someone of Catharina’s background and ability will now take the Cyber Centre of Competence to the next stage.’’