Zurich shakes up Canadian operations

Zurich shakes up Canadian operations | Insurance Business

Zurich shakes up Canadian operations

Zurich Canada is moving ahead with getting its leadership team in order. After bringing the new CEO Saad Mered on board in August, the commercial insurance provider has now announced a refresh of its organizational structure and the leaders who will be filling its C-suite offices. According to a press release, the new structure and team will streamline and boost Zurich’s “go-to-market approach” and position the company as a leader in Canada at managing risk.

“We now have the structure in place to ramp up our support for our customers and brokers in Canada, strengthening our presence in the Canadian market,” said Mered. “We’ve also deepened our bench strength in Canada with proven leaders from Zurich and the industry.”

Zurich Canada’s executive team will now include Jean Roy, most recently the chief actuary for Zurich Canada, as head of underwriting. Roy has 20-plus years of experience in the insurance industry, and will be responsible for underwriting, risk selection, pricing, proposition development and new opportunity incubation, as well the management of the product suite offered by Zurich in Canada.

Read more: Zurich still searching for another US$600 million in cost cuts

Head of specialties will continue to be Greg Irvine while Scott Thomas will retain his position as head of risk services. The head of marketing, however, is a new face. Alban Laloum worked in insurance for almost 30 years and held the title of global broker relationship leader for Zurich in his previous role.

“This new structure creates agility and positions these proven leaders to meet the changing needs of our customers in Canada,” explained Mered.

The head of property, head of liability, and head of claims for Zurich Canada will be announced at a later date. The new team also consists of several support roles.