Zurich North America’s Combined Commercial, Global Corporate Units Have a New Name

January 24, 2017

Zurich’s continued push to streamline operations continues with news that the newly-formed unit combining its former North America Commercial Markets and Global Corporate arms has a formal name, and newly-designated execs to run its divisions.

Zurich North America calls the combined operation its North America Commercial Insurance Unit. As Zurich disclosed in November, this new unit brings together the former Commercial Markets and the former Global Corporate in North America units, simplifying the organization to provide a single point of entry for commercial customers.

Paul Horgan, via Zurich

Paul Horgan leads the new unit, with the title of head of North America Commercial Insurance. Horgan reports to Mike Foley, CEO of Zurich North America and James Shea, CEO of Commercial Insurance globally for Zurich.

The idea, he said in prepared remarks, is for the new unit to service and support multinational customers, but also deliver products and services to middle-market customers. North America Commercial Insurance will be aligned into four business segments: Property, Casualty, Construction and Middle Markets. The North America Commercial Insurance team, effective immediately, reporting to Horgan includes the following members:

Source: Zurich North America