CyberGuide - Information Security and Cyber Risk Management

Allianz
Allianz

Kelly B. Castriotta
225 West Washington St., Suite 2100
Chicago,  IL
60606
312.224.3326
[email protected]


About Allianz:

As an international financial services company, we offer our 86 million customers worldwide products and solutions in insurance and asset management. Allianz Global Corporate & Specialty is our dedicated brand for corporate, specialty and mid market risks and insures over half of the Fortune 500® companies. Allianz’s global network provides access to technical underwriters and service professionals who respond to crossborder exposures of your clients while taking into account the regulatory and fiscal frameworks in which they are operating. Our industry-recognized claims leaders expertly manage claims for all facets of Financial Lines insurance. We provide fast and efficient claims management with over 60 Financial Lines claims specialists worldwide. Clients have access to global professionals who know the local market, culture, language and regulations. Allianz serves clients in more than 200 countries and territories worldwide.

Survey Answers

Target Client Size
more than $100M
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Canada, Continental Europe, Asia, South America Africa, Mexico, United Kingdom
Primary Service Offering
Insurance Carrier
When did your company start writing standalone cyber insurance policies?
2015
What are your company’s cyber insurance direct written premiums?
$25M to $50M
What percentage of your cyber insurance direct written premiums come from standalone policies and endorsements?
81% to 90% standalone | 11% to 20% endorsements
What percentage of your cyber book of business is primary and excess?
31%-40% primary | 61% to 70% excess
How many dedicated cyber insurance underwriters of standalone does your company have?
11-15
What percentage of your cyber-related claims were covered by standalone cyber policies and other lines business?
Did not respond
How many cyber-related claims did your company handle last year?
Did not respond