Reinsurance News

Zurich North America

Zurich NA adds Christopher Lewis to lead E&S unit

5th May 2022

Zurich North America has announced that Christopher M. Lewis will join the organization, effective May 16, 2022, as Executive Vice President and Head of a new, standalone business unit dedicated to the Excess & Surplus (E&S) Lines market. Lewis most recently served as President and CEO of the International Financial Group ... Read the full article

Zurich NA adds sustainability roles to its Construction & Energy teams

5th May 2022

Insurance and risk services provider, Zurich North America has announced that it has created three roles to support Zurich Construction and Energy customers in their evolving sustainability objectives. Alicia Pavelko has returned to Zurich to serve as Head of Construction Innovation and Sustainability, where she will report to Kelly Kinzer, Head ... Read the full article

Zurich NA makes key leadership changes

29th March 2022

Zurich North America, a division of Zurich Insurance Group, has made key leadership changes that will further position the organization to continue providing strong claims services to its customers whilst expanding its position with large corporate customers. Paul Lavelle, currently Chief Claims Officer at Zurich North America, has been appointed to ... Read the full article

Zurich contributes $500,000 to North America climate resilience program

24th March 2022

The Z Zurich Foundation, a Swiss-based charitable foundation established by members of the major global insurance player, Zurich Insurance Group, has provided initial funding of $500,000 as part of a multi-year commitment to the North America Climate Resilience Program. The program was designed to strengthen climate resilience, as well help address ... Read the full article

Zurich NA names Tobias Cushing as Head of Construction Casualty

22nd March 2022

Zurich North America has appointed Tobias Cushing as Head of Construction Casualty for U.S. National Accounts, which serves large corporate and captive customers. Cushing joins from The Hartford, where he most recently was Head of Construction for Middle & Large Commercial and will report to Head of Construction, Kelly Kinzer. In his ... Read the full article

Zurich introduces electric vehicle protection products

30th November 2021

Zurich North America has released a suite of vehicle protection products designed to meet the unique needs of electric vehicle (EV) owners. The set of products provides coverage from the repair or replacement of high-voltage rechargeable batteries to roadside assistance for recharging EV batteries that run out of power mid-trip. They also ... Read the full article

Zurich expands precision ag services through John Deere connection

17th June 2021

Zurich North America’s crop insurance business has connected to farm data management software John Deere Operations Center, through John Deere's API Services. The connection expands Rural Community Insurance Services’ (RCIS) existing precision agriculture offerings and allows its insureds to electronically connect their field data to RCIS systems for a more seamless, ... Read the full article

Zurich names new Head of Strategy, Innovation & Business Development, NA

7th June 2021

Global insurer Zurich has appointed Neeren Chauhan as Head of Strategy, Innovation & Business Development for Zurich North America. Chauhan joins Zurich after serving as Vice President, Distribution Transformation and Market Share Growth for Allstate Insurance Company. He brings over twenty years of global leadership experience across Asia, Europe, and North America. Chauhan ... Read the full article

Zurich North America launches new risk service

3rd February 2021

Zurich North America, a division of Zurich Insurance Group, has launched a new risk services unit in the US intended to provide businesses with advisory services, solutions and tools. In the US it will include the risk engineering team and make services available to both current Zurich customers, as well as ... Read the full article

Zurich NA launches construction weather parametric insurance

6th January 2021

Zurich North America has launched a Construction Weather Parametric Insurance product for project owners and contractors, due to the growth of severe weather events in the US. The insurer's Construction Weather Parametric policy differs from traditional policies such as Builders Risk, as it doesn't require physical loss or damage for a ... Read the full article

Zurich NA appoints Chubb’s Alexander Wells to lead US Middle Market unit

1st May 2020

Zurich North America, part of Zurich Insurance Group, has named Alexander Wells as U.S. Head of Middle Market, effective May 11th, 2020. In his new role, Wells will report directly to Zurich North America Chief Executive Officer (CEO), Kathleen Savio, and takes responsibility for the strategic management and development of the ... Read the full article

Marsh collaborates with Zurich NA on pet insurance program

9th October 2019

Global re/insurance brokerage Marsh has announced the launch of a new pet insurance program for cats and dogs in the US, to be underwritten by Zurich North America. The program, called TrustedPals, is backed by Marsh’s Bluestream platform and will offer insurance with flexible co-payments, limits and deductibles. A self-service feature driven ... Read the full article

Enstar completes $500mn reinsurance transaction with Zurich NA

2nd October 2019

Bermuda domiciled re/insurance, run-off and legacy specialist Enstar Group, has announced that one of its wholly-owned subsidiaries has completed a transaction to reinsure a book of US asbestos and environmental liability insurance portfolios of Zurich North America. The transaction, which saw Enstar's subsidiary assume gross insurance reserves of roughly $500 million ... Read the full article

Zurich NA, Wright to launch residential private flood insurance

28th August 2019

The North American arm of global insurer Zurich is partnering with flood insurer Wright National on a stand-alone product, due to launch in Florida on September 3, called Zurich Residential Private Flood Insurance With plans to expand coverage to 11 additional states in the future, the product allows property owners to ... Read the full article

Zurich acquires U.S insurtech firm Sea Pine Technologies

26th February 2019

Zurich North America has acquired 100% ownership of Sea Pine Technologies, a U.S insurtech firm that specialises in developing digital applications for the marketing of vehicle protection products. The insurer said the move would enable it to further expand its automotive Finance & Insurance (F&I) products and services for auto dealers ... Read the full article