Zurich
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The executive will oversee Zurich NA US national accounts, which include large corporate and captive customers.
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Zurich's F&I Agency operations was launched in January under the leadership of Todd Kaminski, the firm’s head of business development.
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The executive will work to accelerate commercial insurance revenue and develop new channels and geographies.
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Let’s get you up to speed on some of this week’s key M&A deals.
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Trey Martino jumps from Sompo International to take on US middle market unit for Zurich North America.
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AIG joins Aon, Zurich in industry apprenticeship program that aims to draw in young talent, improve diversity efforts.
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The insurance giant also is moving its operation chief for direct markets, Dawn Hiestand to be the new head of captives, and Alban Laloum to be its new chief customer officer.
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Respondents to the WEF’s Global Risk Perception survey also cited cyber security as a medium-term threat, signaling a potential ‘blind spot’ in risk perceptions.
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Commercial lines loss ratios may move slightly higher, while personal auto carriers see the light at the end of the loss-cost tunnel.
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The carrier recruited Steve Lezaj from Travelers to serve as national complex casualty underwriting director.
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Casualty rate hikes moderate, though areas like wildfire liability remain difficult amid an ever-more litigious environment.
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Inside P&C’S news team runs you quickly through the key developments from the last week.