Zurich
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The newly created role is part of the firm’s strategy to split its construction business into two segments, property and casualty.
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The carrier posted a strong turnaround after suffering heavy Covid-19 claims last year.
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While the pandemic offered some relief to commercial auto insurers, maintaining margins will be tricky to achieve given rate moderation.
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The read-across from the extreme weather to losses is not simple and insurers may do better than would be assumed.
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He will report to regional CEO Kristof Terryn and will also have responsibility for business development.
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Policyholders are homing in on loose policy wordings to convince courts that insurers have acted in bad faith.
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The former financial lines CUO will start at the end of the month and be based in Switzerland.
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Zurich’s Boston-based global head of cyber risk Lori Bailey is set to leave the business, Inside P&C understands.
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The restaurant chain is seeking over $50mn from the insurer to cover expenses arising from Covid-19.
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Brian Dusek will develop and grow the start-ups North America cyber portfolio and report to Yosha DeLong.
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The new operation will provide advisory services to both Zurich and non-Zurich customers.
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Zurich is reshaping its middle market team following the arrival of Mizzi from Blackboard.