Zurich North America said it is building a team to better support private equity-owned businesses. To that end, the longtime provider of insurance products and services for this customer class has appointed a Head of Private Equity for its U.S. Middle Market business unit.

Bill Fahy, who has been with Zurich since 2014, takes on the position after serving as Middle Market Underwriting Manager in Dallas. Fahy worked in New York City for more than 10 years, where he managed relationships with brokers dedicated to private equity-owned businesses. He continued to work with private equity brokers in Dallas.

In January, Zurich’s U.S. Middle Market announced a number of key appointments to its Underwriting and Industry Practices units. The Industry Practices team is led by John Mizzi, and Underwriting is led by Lynn Zeitler.

“With the growing market opportunity in the private equity space and increased broker specialization to service these clients, it is critical to have a dedicated underwriting team that understands the unique needs of these customers,” Fahy said in prepared markets. “This allows us to be more responsive, with a streamlined process, better service and faster quote turnaround times.”

Source: Zurich North America