Holger Schaefer

Holger Schaefer

Chief Executive Officer at Allianz AG

Location:
Koniginstrasse 28, Munich, Bavaria, Germany
Company:
Allianz AG
HQ Phone:
+49 180 2 2554269

General Information

Experience

Head of Region, Asia Pacific  - Euler Hermes SA

Chief Executive Officer  - Allianz Australia Limited

General Manager  - AGCS Allianz Pacific

Recent News  

When asked whether Australian businesses are taking the threat of cybercrime seriously, Allianz spokesperson, Holger Schaefer, responded: "I would say most of the companies, especially the exposed companies like banks or if you look at insurance companies ourselves, I know we take it very, very seriously...
"If you go to the more SME type of company, maybe not that much. Australia is far away and people think that the evil in the world is not in Australia and it's all especially in Europe and the US, where the major, blockbuster companies are based but I think it's coming closer." "It is certainly the case that cyber attacks will increase around the world and Australia will be part, and will see that increase as well. I'm 100% certain," Schaefer said. While Schaefer noted that business interruption is a common cover in Australia, he still warned that there is still an unknown element to the coverage that some clients may not think of. "What, to a certain extent, is still unknown is the interdependencies of multiple companies involved in a supply chain. We have seen that during the tsunami in Japan where the car manufacturing industry and supply industry were affected and I believe surprise can still be seen here and there in other industries and other countries as well. "I'm not saying that's going to happen in Australia or to companies in Australia but, in general, there is still a little bit of an unknown aspect to it which could lead to surprises when we see national catastrophes and a large number of clients are affected," Schaefer said.

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