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 about to develop into 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 government legal responsibility insurance coverage traces.
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 government committee and the group management crew, with Fox additionally becoming a member of the World Industrial Insurance coverage management crew.
Lavelle will stay till 1 June to help the transition.
Throughout his seven-year tenure with Zurich, Lavelle has been pivotal in advancing the business 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 up 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 objectives.
“Peter is likely one of the greatest underwriters within the trade, with over 20 years of trade expertise in underwriting and product administration. He’s nicely ready for this broader management position.”
Terryn added: “I additionally need to want Paul the perfect in his retirement. His contributions have been instrumental in shaping our business enterprise and claims operations.”
These government modifications observe the appointment of Eric Amadori as the top of administration legal responsibility – public at Zurich NA.
