Zurich North America (NA) has carried out a management overhaul inside its US Nationwide Accounts and Underwriting divisions.
Heather Fox, who has served because the chief underwriting officer (CUO) for Zurich NA, will head the US Nationwide Accounts enterprise following Paul Lavelle’s retirement.
Peter Caminiti, beforehand head of underwriting for US Nationwide Accounts, is ready to grow to be the brand new CUO of Zurich NA.
Fox joined Zurich NA in 2023 and has greater than 25 years of expertise.
Fox’s profession consists of senior roles at ARC Extra & Surplus and AIG, the place she held the positions of normal counsel and CUO for govt legal responsibility insurance coverage strains.
Caminiti’s promotion to North America CUO comes after his service as head of underwriting for US Nationwide Accounts.
With Zurich since 2014, Caminiti beforehand acted as interim CUO, establishing relationships with the corporate’s core clientele and brokers.
Each Fox and Caminiti will be part of the Zurich NA govt committee and the group management group, with Fox additionally becoming a member of the International Business Insurance coverage management group.
Lavelle will stay till 1 June to help the transition.
Throughout his seven-year tenure with Zurich, Lavelle has been pivotal in advancing the industrial enterprise in North America, together with a three-year interval as chief claims officer.
With greater than 30 years of expertise, he held a number of positions at Allstate and AIG.
Lavelle initiated the Claims Judicial and Legislative Affairs group and led the event of a specialised providing for extra casualty capability.
Zurich NA CEO Kristof Terryn mentioned: “I’m thrilled about Heather and Peter taking over these new roles. Heather has been instrumental within the success of Zurich North America in her earlier position as Chief Underwriting Officer. Her deep market understanding and prior expertise will place her completely to tackle this subsequent position and obtain the Group’s targets.
“Peter is likely one of the greatest underwriters within the business, with over 20 years of business expertise in underwriting and product administration. He’s effectively ready for this broader management position.”
Terryn added: “I additionally need to want Paul the easiest in his retirement. His contributions have been instrumental in shaping our industrial enterprise and claims operations.”
These govt modifications comply with the appointment of Eric Amadori as the pinnacle of administration legal responsibility – public at Zurich NA.
