Zurich announces new head of motor ANZ
Zurich Financial Services Australia has appointed Nick Dendrinos as Head of Motor, Australia and New Zealand.
Dendrinos moves into the role from his current role as Head of Commercial Underwriting. He has over 28 years in the general insurance sector which includes several prior roles with Zurich including NSW/ACT state manager and National Underwriting Manager for Motor.
Dendrinos will report to Sean Walker, Chief Underwriting Officer, General Insurance, Australia and New Zealand.
“Motor is a key strength for Zurich and I am delighted that we are able to appoint such an accomplished and capable leader as Nick to lead this important part of our business,” Walker said.
“Nick brings a wealth of experience and a strong broker and customer focus through his extensive work with our state operations,” he said.
Adrian Riminton, EGM, Commercial, ANZ also welcomed the appointment.
“Nick’s move to the role of Head of Motor, Australia and New Zealand is a great opportunity for him,” he said.
“Nick has done a terrific job in getting our state operations set up within the Zurich Underwriting Centre.”
Major insurer has further shake-up
has seen further comings and goings following Tuesday’s announcement that Tim Plant has been appointed its new Australia and New Zealand head, succeeding Colin Fagen.
Former Chubb MD Mark Lingafelter is set to become MD Asia Pacific at QBE
, while the company’s chief underwriting officer for Asia, Shaun Standfield, has resigned his position in favour of becoming MD at Insurance Advisernet (IA), it has been reported.
Lingafelter’s role will be Singapore-based and will be working under QBE
CEO emerging markets, David Fried.
Standfield is due to start his new position at IA this October.
Ace outlines leadership changes on Chubb acquisition
Ace has announced changes to its North American leadership team which will take effect upon completion of its acquisition of Chubb.
John Lupica, currently vice chairman of Ace and chairman of the company’s North America insurance business, will serve as vice chairman of the parent company and co-president of the North America insurance division.
He will report to John Keogh, vice chairman and COO of Ace, who will continue to serve in that role for the parent company.
Lupica will have executive operating responsibility for the retail commercial property/casualty insurance businesses that serve the large corporate market in the US and Canada, as well as the excess and surplus lines market in the US and Bermuda and the agriculture insurance market in the US, the company said in a statement.
The current president of commercial and specialty lines for Chubb, Dino Robusto, will serve as executive vice president of the parent company and co-president of the North America insurance division, reporting to Keogh.
Harold Morrison Jr, current chief global field officer and chief administrative officer for Chubb, will serve as senior vice president of the parent company and executive vice president and chief field officer for the North America insurance division, reporting to Lupica.
And Paul Krump, current president of personal lines and claims for Chubb, will serve as executive vice president for global underwriting and claims for the parent company upon completion of the acquisition.