Zurich names new group CUO

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Zurich Insurance Group has introduced that Penny Seach (pictured above left), at the moment chief underwriting officer for Europe, the Middle East and Africa, might be promoted to the function of group chief underwriting officer efficient Jan. 1. Seach will report back to Sierra Signorelli, CEO of economic insurance coverage.

Seach will succeed present group CUP Hayley Robinson (pictured above proper), who has held the function since June 2021. Robinson is stepping down on the finish of the yr for household well being causes.

“Penny is a really skilled and succesful successor for this vital function, which can be a testomony to our sturdy inside expertise pool,” Signorelli mentioned. “She has efficiently led the EMEA underwriting enterprise, strengthened the workforce and additional superior alignment with the group’s technique and governance. I’m very assured that Penny will proceed to efficiently drive underwriting efficiency and guarantee consistency throughout markets.”

Seach has greater than 25 years of trade expertise with varied multinational insurance coverage firms. She joined Zurich in 217.

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Robinson will proceed in her function via the top of the yr. She will work with Seach to make sure a seamless transition.

“I wish to thank Hayley for her immense contribution to Zurich and the underwriting enterprise since she joined the group in 2018,” Signorelli mentioned. “She has been an incredible asset to the business insurance coverage workforce and a extremely valued and revered colleague. I used to be saddened to listen to of Hayley’s private circumstances and her resolution to step down from her function. I want her and her household the perfect for the long run.”

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