Zurich North America has announced the appointment of Lillian Labbat as head of the Trade Credit & Political Risk unit within Specialty Products in North America Commercial Insurance, with immediate effect.
In her New York based role, Labbat will assume responsibility for the political risk and single risk trade credit underwriting teams in the Americas, London, Continental Europe and the Asia-Pacific region, reporting to Brian Winters, Head of Specialty Products, North America Commercial Insurance.
Winters said; “Labbat brings to Zurich a unique perspective as both a seller and a buyer of political risk and trade credit products, which positions her well to ensure our risk appetite remains competitive, while closely managing our exposures.”
Before joining Zurich, she acted as managing partner and co-founder of Metis Markets, a financial advisory firm with a focus on fundraising and structured finance solutions for global businesses.
Labbat has also held executive roles in global trade finance, export finance and structured credit with J.P. Morgan, BNP Paribas and Citigroup.
She has extensive experience in both financing and insurance, working with brokers, official agencies and global customers and earned her Masters of Business Administration degree from New York University’s Stern School of Business and graduated Cum Laude with a Bachelor of Science degree in Finance from St. John’s University, New York.