Zurich mainstay to head UK life business

The major insurer’s 20-year mainstay takes on three new posts in July

Insurance News

By Louie Bacani

Top global insurer Zurich has tapped one of its long-time executives to head its life insurance arm in the UK and two legal entities.
 
Anne Torry, the current managing director of the public sector insurance arm of Zurich’s UK General Insurance business (UKGI), will move into her new role on July 1.
 
Based in Swindon, Torry will replace Jim Sykes and will report to UK country head Vibhu Sharma.
 
Torry has also been appointed as CEO of Zurich Assurance and Sterling Investment Managers.
 
“I’m joining UK Life at a very exciting time as it faces all the opportunities and challenges in the market driven by both customer demand and regulatory and Government changes,” Torry said. 

“I look forward to working with the business’s excellent and experienced team, and with our intermediaries, to continue developing new solutions to meet our customers’ needs within this complex market place.” 
 
Torry, who has been with Zurich for over 20 years, previously served as Zurich Municipal managing director and COO of Zurich UKGI, where she led the transformation of the business.
 
“Her leadership experience in the UK market, combined with her background running both businesses and functions within them, make her the ideal choice,” said Zurich Global Life CEO Gary Shaughnessy.
 
Torry’s fellow Zurich mainstay Andrew Jepp will replace her as Zurich Municipal managing director. A 22-year veteran at the Swiss insurer, he previously served as director of public sector and Torry’s deputy.
 
Related stories:
Huge shake-up at Zurich Insurance
Zurich broker wins Court of Appeal reprieve
 

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