Zurich combines North America units to "simplify" structure
Zurich Insurance Group said that it is combining its specialty products business with commercial insurance in North America as part of its strategy to simplify the organisational structure, and provide easier access to its products and services.
Following the restructure, head of North America commercial insurance Paul Horgan will lead the new expanded unit. He will report to the CEO of Zurich North America Mike Foley, and CEO of commercial insurance globally for Zurich James Shea.
In addition, the insurer has appointed Brian Winters as head of specialty products for Zurich North America, reporting to Horgan. Winters formerly led Zurich’s casualty business in North America. Most recently, he has been responsible for managing relationships with its largest customers and brokers.
"We continue to build on our commercial leadership position and come together for our customers," Horgan said. "We are confident this structure will help us become more agile, more collaborative, and more customer-focused."
The company noted that with the move to a simpler and combined structure, Zurich aims to create a more agile organisation to reinforce its position as a leading global insurance provider to service and support its multinational customers, utilising its experience and expertise to deliver local solutions to a wide variety of middle market businesses.
Today’s stories
Munich Re and Aviva invest in insurtech start-up Neos
The Hanover poaches senior Zurich Insurance exec to lead specialty
Troubled AmTrust in $300m capital raise to support insurance units
The Hartford appoints P&C chief underwriting officer
Willis Towers Watson names health and benefits leader in US
Guardian Life elects new board directors
Did you enjoy reading this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
