Penny Seach, currently Chief Executive Officer (CEO) of General Insurance, Zurich Hong Kong, has been appointed as Chief Underwriting Officer (CUO) of the re/insurer’s Europe, Middle East and Africa (MENA) operations, effective March 1st, 2021.
In her new role, Seach will be based in Zurich and will report directly to Sierra Signorelli, Group CUO, and also Alison Martin, CEO of EMEA and Bank Distribution.
Seach will take on oversight of all facets of the underwriting function in the region and ensure alignment with Zurich’s global strategy and governance. She will also have a focus on driving various underwriting initiatives, such as policy wording updates and the rollout of new platforms and enhanced data and analytics tools.
Commenting on her appointment, Signorelli said: “EMEA is a critical region for our business and to Zurich’s overall success, and I am very pleased to welcome Penny to the team. She is a passionate leader and brings extensive operational and business line experience to the role.
“I am confident that she will be a strong partner to the local underwriting teams while helping us further develop and implement our strategy and deliver the best solutions for our customers’ individual needs.”
Seach brings more than 25 years of insurance industry experience to the role and has a strong record of leading large diverse teams across geographies and disciplines, having first joined Zurich in 2017.