The five-year deal with the Ardonagh-owned specialist agricultural underwriter is valued at £105m.
The latest set of figures from the FCA show providers have made initial payments worth £328.9m for unsettled claims and final settlements of £696.2m.
The deal means that Zurich will provide solus capacity to KGM for the next five years.
Caroline Dunn joins the insurer from Lloyd’s where she was responsible for distribution and broker and syndicate relationships.
Insurance Cares: Zurich Community Trust is set to match funding donations during this year's Insurance Day of Giving, which takes place on 4 November.
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
GWP in property & casualty went up to £1.5bn for the first half of 2021.
Brokers, insurers and industry experts discuss the main obstacles in attracting young talent and what the industry can do to solve its image problem.
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
Updated figures reveal providers have made initial payments for unsettled claims worth £308.9m and final settlements worth £566.6m since the Supreme Court verdict in the FCA test case.
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.
Zurich states it remains committed to supporting regional brokers and keeping its presence throughout the UK, including in Leeds, in response to speculation that it had closed its office in the city.
While insurance experts have welcomed the regulator's new rules on pricing, coming into force in January 2022, some warn that the reforms will present challenges for the sector.
A trio of senior departures at Aviva might have got tongues wagging but, as Jonathan Swift asserts, it might be more of a case of coincidence than carnage.
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Hayley Robinson will be heading off to Switzerland to start as group chief underwriting officer in June.
Head Lines: The provider has developed a free tool that firms can use to identify and manage the mental health risks associated with their workforce.
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
The industry-wide property damage Task Force is meant to bring insurers, brokers, loss adjusters, legal specialists, and corporates together to identify emerging issues in the property claims sector.
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Axa XL takes the crown in a report from Highpoint Consultants which explores the state of the HNW insurance market and how well it serves customers and brokers.
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.
Provider says the new offering was developed to meet demand from businesses for risk prevention and mitigation services and is available to UK brokers of all sizes.