Brokerage head joins major insurer

Brokerage head joins major insurer | Insurance Business

Brokerage head joins major insurer

Zurich strengthens its marine capability with Matthew O’Sullivan to head up Australian marine business.

O’Sullivan will take up his official role as head of marine, property and engineering lines in January 2014.

With over 20 years’ experience in the insurance industry, Matthew has worked for a number of leading global reinsurers and reinsurance intermediaries in Australia and overseas, including Munich Reinsurance Australasia and Munich Holdings Australasia in Sydney, Munich Reinsurance Company in Munich and Aon Benfield Asia in Singapore.

Most recently he was head of marine & energy for Aon Benfield Asia Pacific in Sydney where he was responsible for Aon Benfield’s marine & energy treaty and facultative portfolios including the merger of Aon and Benfield into one seamless, global leading marine broking team.

He holds an MBA from Macquarie University and Bachelor of Economics from University of Sydney. He is also a Fellow and Certified Insurance Professional (CIP) of the Australian & New Zealand Institute of Insurance and Finance.

Sean Walker, general manager, underwriting – corporate said O’Sullivan’s appointment reflects Zurich's ongoing commitment to the marine segment.

“With an impressive track record in delivering on strategic initiatives across the region, technical leadership and fostering product innovation, Matthew brings a level of depth and leadership in marine insurance that is second to none within the Australasian market place.”

“His appointment is an investment in underwriting leadership and technical expertise that will serve to enhance the market leading capability of this critical segment.”

O’Sullivan added: “I’m looking forward to working with a market leading team of marine professionals with the world class brand and capabilities of Zurich and delivering on the continuing strategy to provide innovative and progressive solutions in marine and transport insurance.”