Zurich Integrated Benefits (ZIB) in August 2023 announced it would host its conference in London, UK, from September 6 – 8, 2023. Are you a Compensation and Benefits specialist, or Risk Manager working for a multinational company? Are you interested in finding out what the next trends for employee benefits are? If you haven’t received an ‘official invite’ via email and would like to attend, then please reach out
Zurich Global Employee Benefits Solutions (ZGEBS) has made a groundbreaking announcement by launching an ‘Underwriting Year’ customer reporting capability. This move comes in response to increasing customer demand, showcasing ZGEBS’s commitment to innovation. As a part of Zurich Insurance Company Ltd.’s business unit Zurich Integrated Benefits, ZGEBS is positioned to provide comprehensive expertise in employee benefits globally. The newly introduced ‘Underwriting Year’ information empowers global employee benefit customers to
Zurich Global Employee Benefits Solutions (ZGEBS) in February 2023 announced the appointment of Dag Zwikker as Regional Distribution Manager for the Nordics and the Benelux markets, based in Zurich, Switzerland. ZGEBS is part of Zurich Integrated Benefits, which brings together the various Zurich businesses providing global employee benefits, including cross-border corporate savings and risk solutions. In a way, it is back to the roots for Dag as he started
The World Economic Forum (WEF) in January 2023 published the 2023 edition of its yearly Global Risks Report. Prepared with global broker Marsh McLennan and insurance carrier Zurich, the 98-page report covers issues such as renewed inflation; economic downturns and heightened economic competition; climate action (or lack thereof); and the increasing polarization of societies. It also addresses areas of concern for the near future, including the pressure on natural
Zurich Global Employee Benefits Solutions (ZGEBS) in October 2022 announced that Sompo Himawari Life Insurance (SHL), the life insurance company of Sompo Holdings in Japan, joined the ZGEBS network. Alan Chua, Director, Customer & Distribution Management APAC, ZGEBS, commented that “[…] Zurich will now offer SHL’s “Insurhealth” solutions to Zurich’s multinational customers in Japan. […]”. The Insurhealth group product, by combining the original functions of insurance and healthcare, “provides
Kornelia Köhler in February 2021 joined Zurich’s multinational pooling network, Zurich Global Employee Benefits Services (ZGEBS) as Costumer Relationship Manager, based in Zurich. She had been working at AIG Global Benefits Network (AIG GBN) for six years, first as an account manager and later as a regional manager. She holds a Master of Applied Economic Sciences from the University of Antwerp, Belgium.
Zurich Insurance in March 2021 launched a new global risk management business unit called Zurich Resilience Solutions (ZRS). It will be led by Hanno Mijer, reporting to Sierra Signorelli, CEO, commercial insurance at Zurich. Initially focusing on property/casualty (P/C) risks, ZRS includes more than 750 risk engineers to deliver risk prevention and mitigation services, complementing traditional insurance products such as employers’ liability, construction, motor fleet, general liability, and property.
Airmic’s report, Managing Risk−The Human Factor, sheds light on the “unprecedented volatility with regards to people risk” and stresses the importance of HR, benefits, and risk professionals working together more closely. The report published in December 2019 in association with Arthur D. Little, Willis Towers Watson and Zurich, positions people risk around the people themselves instead of creating newer categories. This allows a view where risks which may have
Virva Ojala has been named new Nordic Head of Financial Lines at Zurich Insurance as of June 2019. She will be based in Stockholm, Sweden. Ojala was previously with AIG as Nordic Manager PI & Cyber, based in Stockholm, and Nordic PI, Cyber, Crisis Management Manager based in Oslo, Norway. She also served as Manager, Financial Lines Norway; Manager, Financial Lines Finland, and Senior Underwriter Financial Lines, all at
Paolo Marini named Global Head of Customer and Distribution Management for Corporate Life and Pensions at Zurich
Zurich Insurance in April 2019 announced that Paolo Marini is now Global Head, Customer and Distribution Management – Corporate Life and Pensions (CLP). Marini was previously Director of Global Customer & Distribution Management and Global Head, Customer Management for CLP. Previous to his tenure at Zurich, Marini was Director of Sales, Marketing, and Communication and a regional manager for Generali Employee Benefits. He holds a political science degree from
Zurich UK in January 2019 announced it was backing London, UK-based travel insurance startup Pluto. Pluto targets Millennials, an under-insured segment when it comes to travel insurance, with up to 60% of them traveling without insurance. The underwriting engine blocks people over the age of 46. Zurich provides underwriting and claims management; Pluto brings mobile-oriented software that gives clients a standard insurance quote in around one minute, or three
Global Benefits Vision: Hello Wendy – please tell us about your background and your career to date. Wendy Liu: I am an actuary by background, and I started my career in consulting before joining Zurich. The majority of my career has been related to global employee benefits. I began on the U.S. domestic side, expanded to international benefits and now am based in Europe covering global benefits.
Livio Mocenigo in September 2018 was appointed by Zurich as the Global Head of Corporate Life & Pensions (CLP), reporting to James Shea, CEO Commercial Insurance. Based in Zurich, Switzerland, Livio replaces Hanno Mijer who becomes the new CEO of Zurich subsidiary Cover-More. Livio previously headed the Global Customer and Distribution Management for CLP where he established strategic partnerships with major employee benefit consultants, and strengthened the relationship with
Hanno Mijer in September 2018 became CEO of Zurich’s travel insurance provider Cover-More, succeeding Mike Emmett. He will relocate from the city of Zurich, Switzerland to Sydney, Australia. He reports to Jack Howell, CEO Asia-Pacific, and to Group Chief Strategy, Innovation and Business Development Officer Giovanni Giuliani. Before his appointment at Cover-More, Mijer was Zurich’s Global Head of Corporate Life and Pensions, a major driver of the growth of
U.S. reinsurer TransRe in September 2018 announced plans to redomicile its continental European legal entity TransRe Zurich to Luxembourg and change its name. The continental European offices in Munich, Paris and Zurich, as well as Dubai, will become branch offices of Luxembourg. Commenting on the move, Paul Bonny, President TransRe Europe and Asia Pacific, said: “we are now simplifying our corporate structure [for] our European, Middle Eastern and North
Zurich Canada in August 2018 appointed John Thain as Vice President, Travel, Accident & Sickness. He is based in Toronto and reports to Greg Irvine, head of Specialty Products for Canada. He will be responsible for launching personal leisure travel, business travel accident and supporting accident and sickness products in Canada. Zurich Canada expects to begin selling personal travel products by the start of 2019. According to Zurich, the
Zurich Insurance in August 2018 appointed Saad Mered as chief executive officer and chief agent of Zurich Canada, based in Toronto, Ontario. He will report to Zurich North America CEO Kathleen Savio. Zurich North America focuses on workers’ compensation, liability, property, specialty and F&I (finance and insurance); as well as life insurance and disability (in the United States only). It employs approximately 9,000 people out of the Zurich group
Employee retention and recruiting are hot topics in Germany today. But exactly which long-term benefits should be offered by employers to attract new employees in times of acute shortages of skilled workers? The August 7, 2018, “Zurich Employee Benefits Dialog” seminar will focus on these issues. Topics include the Income Protection Gap Study together with Oxford University, Brexit and the impact on HR, current trends in occupational pension provision
Zurich in July 2018 acquired Blue Insurance, a travel insurance intermediary in the U.K. and Irish markets. The acquisition was made through Zurich’s Cover-More subsidiary, which provides travel insurance and medical assistance services, for an estimated €70 million. Blue Insurance offers direct-to-consumer travel insurance distribution capabilities through online brands in the U.K. and Ireland. Blue Insurance will be part of Cover More’s Europe and UK business, led by Judith
Zurich Insurance Group in March 2018 accelerated the growth of Cover-More Group, its specialist global travel insurance and assistance solutions business, by entering into agreements to acquire providers of traveler assistance in Latin America. These acquired businesses operate under the Travel Ace and Universal Assistance brands. The transaction incorporates 19 legal entities operating throughout Latin America, most notably in Argentina, Brazil, Chile, Colombia and Mexico. Under Zurich’s ownership, the
Zurich in September 2017 announced the appointment of Peter Huber as Chief Executive Officer, Zurich International. He reports to Patrick Manley, CEO of Zurich Insurance and Chief Administrative Officer for the Europe, Middle East & Africa (EMEA) region. Zurich International includes the international life businesses in the Isle of Man, Middle East and Zurich International Corporate Solutions (including Zurich Eurolife based in Luxembourg). Peter Huber had been working as
Cigna in July 2017 announced it had acquired Zurich Insurance Middle East (SAL). The newly-acquired company will be called “Zurich Insurance Middle East, a Cigna-Owned company” in line with local regulations. Cigna’s strategy in the Middle East is to deliver group health products and services for small businesses and family-owned enterprises through to multinational companies. Arthur Cozad, former CEO of Cigna Taiwan, has been named as CEO for Middle
Zurich’s International business (Zurich International) in August 2017 launched its Target Date Funds (TDFs) as part of the investment proposition available with the International Pension Plan (IPP), and International Corporate Investment Plan (ICIP). Zurich International claims it is the first financial services group to offer a US Dollar TDF solution in the International Pensions & Savings market. With their focus on simplicity, value for money and positive retirement outcomes
Zurich Eurolife in June 2017 announced the acquisition of an existing book of international pension plans from AG2R La Mondiale’s (AG2R) Luxembourg-based subsidiary La Mondiale Europartner. The transaction is expected to close during the second half of 2017, after regulatory approval. The new agreement with La Mondiale Europartner will see their existing customers transfer to Zurich’s international pension plans. AG2R and Zurich have enjoyed close relationships for many years,
Olivier Goiot in March 2016 joined Swiss Life International’s Corporate Clients unit as Head of Operations, reporting to CEO Theo Iaponas. Goiot joins from Farad Global Services, a private life insurance broker, where he was CFO; previously, he was Zurich Eurolife’s CFO and COO after positions at Zurich Insurance, Credit Agricole Asset Management and PwC. A graduate of EDHEC business school, he speak Spanish and English in addition to
Global Benefits Vision: Could you please tell GBV a little about yourself, how you chose your career path and your journey to Zurich? Hanno Mijer: I am a trained actuary, but I have never actually worked in an actuarial position. For the first fourteen years of my career I worked with AEGON Insurance, where I held a number of marketing, sales and executive roles in the Netherlands, Eastern Europe and Asia.
In September 2016, Zurich appointed Jack Howell as regional chief executive officer for Asia Pacific, based in Hong Kong and reporting directly to Mario Greco, group chief executive officer. In April 2015, Generali, then still led by Greco, had appointed Howell as regional chief executive officer for Asia. Jack Howell, 46, a U.S. citizen, holds a B.S. in Quantitative Economics from Tufts University and an MBA from the University