Posts Tagged

Zurich

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

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

Agith Jan Juddu is since May 2016 Regional Sales Manager responsible for Germany, Switzerland, Liechtenstein, Austria, and Netherlands at Zurich Global Employee Benefits Solutions. Agith Jan has spent a large part of his career focusing on corporate group and employee benefits insurance and reinsurance, pension funds, insurance captives and institutional pension vehicles. He has worked previously as Network Representative with Generali Employee Benefits (GEB), and Senior Client Manager Life

Anne-Gaëlle Colin joined Zurich Global Employee Benefits Solutions in January 2016. She is responsible for meeting the global employee benefits needs of multinational employers in France, Belgium, and the French-speaking part of Switzerland. Previously, Anne-Gaëlle was in charge of international in the broker relationship management team of Swiss Life in France. She was previously International Sales Director at Quatrem, and head of co- and reinsurance for MMA Assurances. She

Rob Brown in January 2016 joined Zurich Global Employee Benefits Solutions as U.K. Regional Sales Manager. He is responsible for meeting the global employee benefits needs of U.K. domiciled multinational employers. Brown has extensive experience in the employee benefits sector with previous appointments as Head of Business Development, Global Employee Benefits, MetLife Asia; Corporate Business Leader for AIA in Hong Kong; Divisional Manager, Employee Benefits with Jardine Lloyd Thompson,

Valérie Lebrun since November 2015 is International Programs Deal Architect at Zurich Global Employee Benefits Solutions. She was previously Chief Underwriting Officer, Corporate Life & Pension and Global Actuary Accidental & Health with Zurich before attaining her present position. Lebrun received her Master’s degree in Actuarial Science from the Université de Lausanne in 1993, and began her career as an intern with Old Mutual in Cape Town, South Africa.

Mario Greco, Zurich’s CEO since March 2016, in June 2016 announced a new corporate structure, shedding the existing life/non-life organization in favor of four regions and several global businesses. The heads of North America, Latin America, Europe-Middle East-Africa and Asia-Africa will report directly to him as well the heads of Global Corporate, of asset management and of U.S. insurer Farmers. Combining life and non-life operations is easier in personal

As part of Zurich’s wider corporate reorganization, Kristof Terryn has been promoted in June 2016 to Chief Operating Officer (COO). The newly created position of COO includes operations, IT, underwriting, claims, reinsurance, actuarial and pricing. Terryn had been appointed head of Zurich’s non-life business as recently as September 2015, after three years as the head of its life operations. A 48 year old Belgian, Kristof Terryn is a member

Global composite insurer Zurich in December 2015 announced the appointment of Gary Shaughnessy as CEO Global Life as well as to the Group Executive Committee. He succeeds Kristof Terryn who was appointed CEO of Zurich General Insurance in October 2015 and still acted as interim CEO for the Global Life unit (see here). Mr. Shaughnessy has been CEO of Zurich U.K. Life since June 2012; in 2014 he assumed

In a  major restructuring effort, financially challenged Zurich Group in December 2015 said it will eliminate or move as many as 1,800 jobs, and announced the resignation of CEO Martin Senn. Tom de Swaan, the Chairman of the Board of Directors since 2013, has been appointed CEO ad interim. Zurich cited the August explosions at the port in Tianjin, China, and a poorly performing U.S. auto book of business