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New head named for Zurich APAC commercial insurance

  • Publish Date: Posted about 7 years ago

Zurich Insurance Group have merged two of its commercial insurance units in the Asia Pacific (APAC) region and appointed division heads. The company has joined its global corporate and commercial units to offer a single point of entry for commercial customers. Zurich APAC CEO Jack Howell, said, "This simpler structure provides our customers with a streamlined, tailored offering and brings the clarity of focus needed to target Zurich's global resources at the most important opportunities in Asia Pacific. I am confident we have the best talent and the right strategy in place to strengthen our regional business and to capitalise on the growth potential in the region." The new commercial insurance business in APAC will be led by Chris Waterman, who joined Zurich as chief underwriting officer, commercial for the region in 2016. He will report to Howell, and to CEO of Zurich's global commercial insurance business Jim Shea. Waterman said, "We are changing our go-to-market approach so we can provide customers and brokers with one single channel to access the tailored insurance and protection solutions they are looking for. With this new structure, we are also empowering each country with the authority and agility they need to make even faster decisions in response to their customer conversations."