Reinsurance News

Penny Seach named CUO at Zurich

13th October 2022 - Author: Matt Sheehan

Zurich Insurance Group has announced the appointment of Penny Seach to the role of Group Chief Underwriting Officer, effective January 1, 2023.

Seach currently serves as Chief Underwriting Officer EMEA, and will continue in this role through the end of the year.

As Group CUO, she will report to Sierra Signorelli, CEO Commercial Insurance, and will work with Signorelli in the coming months to ensure a seamless transition.

Seach has more than 25 years of insurance experience with various multinational insurance companies, and joined Zurich in 2017.

“Penny is a very experienced and capable successor for this important role, which is also a testament to our strong internal talent pool,” said Signorelli.

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“She has successfully led the EMEA underwriting business, strengthened the team and further advanced alignment with the Group’s strategy and governance. I am very confident that Penny will continue to successfully drive underwriting performance and ensure consistency across markets.”

Hayley Robinson, who has held the role of Group CUO since June 2021, has decided to step down at the end of the year for family health reasons.

“I would like to thank Hayley for her immense contribution to Zurich and the underwriting businesses since she joined the Group in 2018,” Signorelli continued.

“She has been a tremendous asset to the Commercial Insurance team and a highly valued and respected colleague. I was saddened to hear of Hayley’s personal circumstances and her decision to step down from her role. I wish her and her family the very best for the future.”

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