Zurich
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The deal will expand Zurich’s supplemental health insurance offerings and is expected to close in early 2022.
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The initiative follows the launch of Zurich's construction weather parametric solution, a project designed to support sustainability.
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Zurich’s apprenticeship program helps young talent develop skillset and has "great” retention rate, says North America CEO Terryn.
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Linda Schultz joins the industry practices leadership team and reports to John Mizzi, head of industry practices for US middle market.
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With a $3mn commitment from Z Zurich Foundation, the program will address social issues in Houston and Boston.
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Trucking companies, having already increased self-insured retentions by millions, will need to contend with further rate increases into 2024.
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The carrier said the portfolios "no longer support" its core strategy.
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With hundreds of coronavirus-related BI suits working through state and federal courts, insurers still face a multi-billion-dollar challenge to keep judges and juries ruling in their favor.
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The executive will report to Alex Wells, head of middle market at Zurich’s Illinois-based operations.
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The executive will take on a leading role in all aspects of the carrier’s data management.
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The newly created role is part of the firm’s strategy to split its construction business into two segments, property and casualty.
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The carrier posted a strong turnaround after suffering heavy Covid-19 claims last year.
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