Allianz Global Corporate & Specialty (AGCS) has hired Scott Sayce as global head of cyber, effective 1 September 2021.
Based in London, Sayce will steer AGCS’s cyber underwriting business and will also lead the group’s Cyber Center of Competence of Allianz which is embedded into AGCS.
In his new role, he will report to Shanil Williams, global head of financial lines.
Sayce will succeed Catharina Richter, the current global head of Cyber Center of Competence for AGCS and Allianz Group, who is set to move to a new role within Allianz Group.
Sayce joins AGCS from AXA, where he has held a variety of increasingly senior leadership roles after joining in 2017.
He started out as global chief underwriting officer cyber within AXA’s corporate solutions division, while also being group chief underwriting officer for cyber.
In 2018 he became group head of cyber, and subsequently, group head of financial lines and cyber. Before his time at AXA, Scott was the head of the cyber, technology and life science divisions for CNA Hardy.
He started his career as a Lloyd’s insurance broker before moving to underwriting to focus on cyber and technology risks, a field in which he now has almost 20 years of experience.
AGCS’s chief underwriting officer corporate Tony Buckle says: “A huge thank you to Catharina Richter for her leadership of the Cyber Center of Competence and her contribution to the further evolution of our cyber underwriting approach and product offering.”
He adds: “A warm welcome also to Scott Sayce, he is a leading expert in the field of cyber underwriting, with significant global experience and he will help drive this key part of our business forward for AGCS and for the wider Allianz Group.”
In March, AGCS hired Kevin Hegel as the new regional head of client services and multinational regional unit London and Nordics.
