Allianz’s Jody Yee Is Ready for the Future, Embracing Challenge from Cyber to Climate Change
Some insurance professionals might look at the rise in telecommuting, the advent of Web3 and the budding metaverse and see the potential for more cyber risk.
Jody Yee sees an opportunity.
“Cyber is a hot topic for everyone as more and more companies are doing things digitally,” said Yee, who was promoted to global industry solution director of the technology, media and telecom team at Allianz Global Corporate & Specialty (AGCS) in January 2022.
“Clients need to feel that they are getting the protection that they need in this ever-changing environment.”
Yee came to the role after serving as managing director and global practice group leader for cyber on the alternative risk transfer team at AGCS. That role taught him the importance of adopting a client-centric perspective in his work.
“We want to ensure that our clients get the best possible solution for the challenges that are appearing on a daily basis,” he said. “The genesis of all of this is making sure that the customer is at the center of everything we do.”
Though he’s been in the role just shy of a year, Yee has already tackled some major projects — namely, launching a cloud protection product in partnership with Google and Munich Re.
“With this partnership, we’re able to have a better understanding of our clients’ risk profiles from the inside out,” Yee said.
Yee always has his eye on the future and the challenges and opportunities it may hold. In addition to working as the global industry solution director for technology, media and telecommunications, he is passionate about helping AGCS clients find solutions to the risks posed by global climate change.
He’s been exploring what the industry can do to make climate solutions more accessible in insurance markets.
“Climate change is something that’s going to impact us in many different ways — whether it’s in our personal life, our work life [or] our children and our grandchildren’s lives,” Yee said.
“If we’re able to do something from an insurance perspective to help reduce some of the ever-increasing changes that we’re seeing in front of our eyes, then I’m 100% behind that. In my new role, I’m actually discussing these kinds of things with our clients and broker partners, because everybody is trying to go in the same direction. We just need to get our heads together to figure out what is the best viable solution for all parties.” &
Jody Yee has been selected as a 2023 Risk & Insurance® Executive to Watch. To see the other executives selected this year, visit here.