Catharina Richter has been appointed global head of Cyber Center of Competence (CoC) for Allianz Group, effective 1 June 2020.
Richter will report directly to AGCS chief underwriting officer corporate and board member Thomas Sepp. She succeeds Emy Donovan who left AGCS last year.
The CoC aims to coordinate and steer cyber risk underwriting and governance across Allianz Group and is embedded into Allianz Global Corporate & Specialty (AGCS).
She joins from Allianz SE, where she is currently head of digital regulation, responsible for developing a regulatory strategy for digitalisation on behalf of Allianz Group and shaping the regulatory and supervisory debate in the field of cyber.
In 2000, Richter joined Mondial Assistance (now Allianz Partners) as general counsel since then she 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 realise sustainable growth.”
He added: “I am delighted that someone of Catharina [Richter]’s background and ability will now take the CoC to the next stage.”
Earlier this year, AGCS appointed Ali Shahkarami to the newly appointed role of chief data officer.
