Global insurer appoints new chief underwriting officer, reshuffles executive leadership

A leading property/casualty insurance provider has named a new appointment to senior leadership for its North American unit

Insurance News


A leading property/casualty insurance provider has named a new appointment to senior leadership for its North American unit, instituting a reshuffle among the company’s top executives.

Zurich Insurance announced Wednesday that it has appointed Don Pickens to the role of chief underwriting officer for its Global Corporate in North America (GCiNA).

Pickens will succeed Patrick Daley, who will assume a new role for Zurich as head of property for the East Region within GCiNA.

Meanwhile, Richard Montminy will take over as new head of property for GCiNA, while Joe Tinetti – who was in that role since 2011 – will become head of marine and energy property. He will report to Jeanne Jankowski, head of energy for GCiNA.

“I am very excited to welcome Don and Richard to my senior leadership team,” Paul Horgan, chief executive officer of Zurich Global Corporate in North America, said in a statement. “I am certain that the changes we’ve announced today will help to position GCiNA to grow and achieve our goals in 2016 and beyond.”

Pickens comes to Zurich after several years in the property/casualty insurance industry, where he served in a number of roles, including as senior vices president and chief risk officer of American International Group’s global commercial business. Previously, Pickens spent 15 years with Liberty Mutual in senior management positions and in positions with Hartford Insurance Group.

He received a bachelor’s degree in Political Science and Government from the State University of New York in Albany.

Montminy joined Zurich in March 2015 as East regional manager of property. He has a brokerage background, having previously worked as managing director and Southeast property practice leader for Marsh. In that capacity, he specialized in all aspects of global property program development, design, structure, placement and coverage.

Prior to that, Montminy spent 12 years working for the former FM Global companies before joining Marsh in 1997.

He earned a bachelor’s degree in Chemical Engineering from the University of Rhode Island and an MBA in Finance from California State University in Long Beach.

Zurich employs more than 55,000 people and provides a wide range of general insurance and life insurance products and services.

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