Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
Zurich North America’s Cunningham Adds Captive Unit Responsibilities
Jul 27 2017 // Todd Cunningham has been named to head the Single-Parent and Sponsored-Cell Captives unit for Zurich North America. As part of its single-parent captive solutions, Zurich offers fronting, reinsurance, claims,...
Zurich North America Names Ironshore’s DeLong VP of Cyber Underwriting
Jul 6 2017 // Zurich North America has hired Yosha DeLong as vice president of cyber underwriting, a role that expands Zurich’s cyber resources as the cyber exposures continue to evolve beyond data security. DeLong will lead the...
Ex-Swiss Re CEO Liès to Be Named Chair of Zurich Insurance, Succeeding de Swaan
Jul 6 2017 // Zurich Insurance Group’s board of directors announced it will elect the former group CEO of Swiss Re, Michel M. Liès, as its new chairman. The election will be held at the group’s annual general meeting on...
Zurich North America Combines Commercial, Specialty Products; Horgan to Head New Unit
May 25 2017 // Zurich North America is bringing its Specialty Products business together with its North America Commercial Insurance as part of a continued streamlining of operations. The company said the move will provide easier access...
Zurich Insurance Deploys Robots for Personal Injury Claims Handling
May 18 2017 // Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims...
Zurich Makes a Difference in the Lives of Philadelphia Families
Apr 28 2017 // Zurich North America, a provider of property and casualty insurance and a company dedicated to improving the lives of children and families, has made a $10,000 donation to the Philadelphia Ronald McDonald House. Paul...
Zurich Insurance in APAC Creates New Commercial Insurance Structure
Feb 17 2017 // Zurich Insurance has created a new structure for its Commercial Insurance business in Asia Pacific (APAC), following the combination of its Global Corporate and Commercial units into a single division. “This...
Zurich North America Names Leaders of Realigned Commercial Divisions
Jan 25 2017 // Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new unit brings together the former Commercial Markets and the former Global Corporate in North...
Zurich to Cut Spending on Large Tech Projects as Part of Cost Saving Plan
Jan 17 2017 // Zurich Insurance Group AG, Switzerland’s biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to chief risk officer Cecilia Reyes. “Managing, harvesting the...
Supply Chain Risks Underinsured in APAC: Zurich Insurance/BCI Survey
Jan 13 2017 // Six out of 10 organizations in Asia Pacific experienced at least one supply chain disruption in the past year, with one in four incidents costing more than US$1 million, according to a survey conducted by the Business...
Zurich Insurance Agrees to Acquire Australia’s Biggest Travel Insurer for $551M
Dec 12 2016 // Switzerland’s Zurich Insurance Group has agreed to buy Australia’s biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian...
Zurich to Cut Costs by $1.5B with Simplification ‘Name of Game’: CEO Greco
Nov 17 2016 // Zurich Insurance Group AG plans to cut costs by $1.5 billion from 2015 through 2019 as Chief Executive Officer Mario Greco overhauls Switzerland’s largest insurer and seeks to boost the firm’s dividend. The new...
Putz to Succeed Brunner as Head of Programs for Zurich North America
Oct 12 2016 // Zurich North America has appointed David Putz as head of Direct Markets and Programs effective January 1, 2017. Putz is currently head of Direct Markets for Zurich and with the retirement of current head of Programs, Roger...
Zurich North America Moving into New LEED Platinum Headquarters
Oct 3 2016 // Zurich North America’s new headquarters building in Schaumburg, Ill., has been completed as an LEED Platinum building as certified by the U.S. Green Building Council (USGBC). The 783,800 square foot building will be...
Zurich Insurance (Hong Kong) Appoints Chiu as Head of Global Corporate Division
Aug 19 2016 // Zurich Insurance (Hong Kong) has appointed Philip Chiu as the head of its Global Corporate Division, in a move from his previous position as Zurich’s head of Financial Lines in Asia. He will directly report to Keith...
Zurich Insurance Q2 Net Income Declines 12% on Restructuring, Nat Cats
Aug 11 2016 // Zurich Insurance Group AG said second-quarter profit fell 12 percent on higher restructuring charges and claims from natural catastrophes as Chief Executive Officer Mario Greco overhauls the company’s biggest...
Zurich Buys MAA Takaful Berhad, Expanding in Malaysia Takaful Market
Jun 30 2016 // Zurich Insurance Co. Ltd., a subsidiary of Zurich Insurance Group, has completed the acquisition of MAA Takaful Berhad (MAAT), a leading provider of Takaful products in Malaysia, from MAA Group Berhad and Solidarity Group...
Senn, Ex-CEO of Zurich Insurance, Commits Suicide
May 30 2016 // Former Zurich Insurance boss Martin Senn has committed suicide six months after leaving the company under a cloud, a tragedy that comes less than three years after Zurich’s finance chief took his own life. Senn, 59,...
Zurich Insurance’s Ex-CEO Senn Received Remuneration of $6.3M in 2015
Mar 4 2016 // Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported. (The Swiss franc to U.S. dollar...
Zurich Insurance Appoints Marguin as Chief Underwriting Officer, Asia Pacific
Mar 1 2016 // Zurich Insurance has appointed Hervé Marguin as chief underwriting officer (CUO), General Insurance, Asia Pacific, effective immediately. Marguin will report to Stuart A. Spencer, chief executive officer, General...
