Zurich News

Demand Rises for Political Risk Cover as Buyers Think the Unthinkable

Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging markets. Insurers say demand is being driven by uncertainty over …

Zurich, Deloitte Partner on Cyber Risk Services for Clients

Zurich North America and Deloitte have collaborated to provide services aimed at educating and protecting customers from cyber related risks. Initial offerings include risk transfer options provided by Zurich and risk mitigation options provided by Deloitte Risk and Financial Advisory …

Zurich Insurance in APAC Creates New Commercial Insurance Structure

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 simplified structure provides a single point of entry for …

Corrected: Zurich to Underwrite Distinguished Programs’ New York Brick & Brownstone Program

The New York Brick & Brownstone program offered by Distinguished Programs, a national real estate insurance program manager, is now being underwritten by Zurich. The NY Brick & Brownstone program is designed for owner- or tenant-occupied properties primarily located in …

Zurich Launches Multiline Coverage Product for Mid-Sized Energy Companies

Zurich Insurance has launched a new approach to deliver insurance coverages for qualified mid-sized energy companies that combines onshore property, casualty, umbrella and inland marine coverages. The new coverage is available for a variety of qualified energy companies, including: onshore …

Zurich Extends Security, Privacy Coverage to Captives

Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data security breaches including cyber-related breaches. Zurich’s Security and Privacy Protection policy is now available to companies and their captives to …

Howell Named Regional CEO of Zurich in Asia Pacific

Zurich announced the appointment of Jack Howell, (46, U.S. citizen) to the role of regional chief executive officer of Zurich in Asia Pacific, effective Sept. 1, 2016. In his role he will report to Mario Greco, group chief executive officer …

Brazilian Corruption Probes Lead to D&O Market Boom

Insurers who sell policies limiting executives’ liability from lawsuits have seen a surge in business thanks to a sprawling Brazilian corruption probe involving state-controlled Petroleo Brasileiro SA and a rash of corporate bankruptcies. The country’s so-called directors & officers (D&O) …

Brennan to Lead Zurich’s UK General Insurance Unit, Succeeding Sharma

Zurich announced that Conor Brennan has been appointed head of its UK General Insurance business, and will take up this role from the end of July. Brennan and newly appointed head of Zurich’s UK Life business Anne Torry, will report …

Zurich Canada Appoints Healey as Sr. VP, Distribution & Regional Management

Zurich Canada has appointed Patrick Healey as senior vice president, Distribution and Regional Management. Healey will be responsible for leading and managing broker relationships and supporting market-facing underwriting colleagues towards the goal of continuing to make Zurich more customer focused, …