Zurich
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The reshuffle is likely laying the foundations for the eventual succession to CEO Mario Greco.
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The MGA secured a “significant strategic investment” from Zurich earlier this year.
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The executive previously spent more than 16 years at The Hartford.
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The $20bn+ TIV data center is seen as the leading edge of significant new demand.
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The insurance industry’s lower reliance on foreign skilled workers softens the blow.
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The company also encouraged insurers and brokers to support the initiative.
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The cyber business will continue to operate as a standalone entity.
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Kirsh was involved in launching an industrywide “legal system abuse coalition”, which now has 350 participants.
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US national accounts head Paul Lavelle will retire as of June 1.
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He was most recently middle market casualty leader and EVP at Chubb.
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The take-up rate will depend on the price discount and market segment.
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The facility is a nudge towards a structural change, not a full-out assault.