Navigating Cyber Risks: Tresa Stephens' Leadership at Allianz
Tresa Stephens leads the North American cyber, technology, and media division at Allianz, where she directs the portfolio and underwriting strategy for the region. Her leadership involves coordinating a team to meet objectives that align with the firm's goals of profitability, ensuring regulatory compliance, and supporting clients in managing cyber risks effectively.
With over a decade of experience at established firms like Hiscox, Chubb, and Argo Group, Stephens specializes in cyber, technology, and professional liability solutions. She also contributes to the Professional Liability Underwriting Society's Eastern chapter, offering her expertise to aid peers in their professional development within the insurance industry.
Stephens emphasizes the potential for digital transformation in the insurance sector. She advocates for the enhanced use of digital solutions to improve customer interactions and service efficiency. Her notable contributions to the industry earned her recognition as a highly commended cyber mentor by Intelligent Insurers in 2025, and she was listed as a rising star by Insurance Business America in 2022.
Since joining Allianz in 2020, Stephens has revamped the strategy for the company's North American cyber and technology offerings. Her participation in Allianz's executive development program, AHEAD, saw her secure a win with a proposal to optimize due diligence processes through AI-driven software, currently under development by a dedicated project team.
As a thought leader in cyber risk management, Stephens authored the Allianz Cyber Risk Report and actively participates in key industry events such as the Zywave Cyber Risk Insights Conference. She encourages her team to engage actively in regulatory discussions, fostering growth within Allianz's cyber division.
Industry Developments and Technological Innovations
In other industry news, Nationwide Securities announced a new leader, while Beazley named a new head of digital follow underwriting, highlighting the ongoing shifts in leadership roles. Current discussions emphasize integrating empathy and prototyping in change management. Meanwhile, Agentic AI, when employed in case management, can detect subtle anomalies and patterns, underscoring the evolving role of technology in underwriting and claims processing.
The insurance industry is reverting to foundational strategies while preparing for future growth. Digital channels have become increasingly vital as customers shift from physical interactions to digital platforms. Recognizing these trends, Nancy Clark from Verisk recently discussed the Regulatory Data Exchange tool and its benefits for carriers and regulators in an interview with Digital Insurance.