Zurich

Sources have said the carrier is looking establish a unit with its own P&L, intended on establishing a clear dividing line between the wholesale and retail businesses.

Zurich will hire about 70 apprentices in at least nine cities where the carrier has offices, beginning in August 2022.

The deal will expand Zurich’s supplemental health insurance offerings and is expected to close in early 2022.

The initiative follows the launch of Zurich's construction weather parametric solution, a project designed to support sustainability.

Zurich’s apprenticeship program helps young talent develop skillset and has "great” retention rate, says North America CEO Terryn.

Linda Schultz joins the industry practices leadership team and reports to John Mizzi, head of industry practices for US middle market.

With a $3mn commitment from Z Zurich Foundation, the program will address social issues in Houston and Boston.

Trucking companies, having already increased self-insured retentions by millions, will need to contend with further rate increases into 2024.

The carrier said the portfolios "no longer support" its core strategy.

With hundreds of coronavirus-related BI suits working through state and federal courts, insurers still face a multi-billion-dollar challenge to keep judges and juries ruling in their favor.

The executive will report to Alex Wells, head of middle market at Zurich’s Illinois-based operations.

The executive will take on a leading role in all aspects of the carrier’s data management.