Reinsurance News

Zurich North America

Zurich & ICS launch Envision Re as sustainability-focused group captive

10th January 2023

Zurich North America has collaborated with Innovative Captive Strategies (ICS) to launch Envision Re, Ltd., a captive insurance company that will bring together businesses that want to optimise their risk management programs while reducing their carbon footprint. Dawn Hiestand, Head of Group Captives at Zurich North America, commented, "Envision Re's sustainability ... Read the full article

Advisen-Zurich survey reports cyber resilience uptake, though concerns remain

31st October 2022

The annual Information Security and Cyber Risk Management study from Zurich North America and Advisen indicates that 86% of respondents now have cyber insurance, up 3% from 2021 and the highest percentage in the history of the survey, though increasing premiums and restrictions for cyber coverage have created frustration for ... Read the full article

Social inflation in casualty insurance one of the most concerning trends

20th June 2022

Social inflation has been named one of the most concerning trends by insurers speaking on the second day of S&P Global Ratings' 38th Annual Insurance Conference. In a panel discussion, Kristof Terryn, CEO of Zurich North America, said that ‘social inflation’ on the casualty side was the one trend worrying him ... Read the full article

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