Zurich Insurance
Zurich is a leading multi-line insurer servicing customers in global and local markets. We offer products and services for a diverse range of customers from small businesses to multinational corporations, as well as providing High Net Worth insurance. Our strategy focuses on delivering a great service through responsive trading, local expertise, digital innovations and strong customer-centric propositions, underpinned by our core values and commitment to a sustainable future.
Interview: Ecclesiastical's Richard Coleman
MD of UKGI, Richard Coleman, tells Insurance Age about the provider's plans to modernise its brand and discusses the business interruption test case and Ecclesiastical's approach to working with brokers.
Zurich takes stake in MyPolicy
The provider has also joined the panel of the analytics and telematics specialist.
IPT-threat level raised
The “soft target” tax is under threat amid economic uncertainty but the sector is still arguing for a cut or a freeze.
Zurich UK reports 75% fall in GI operating profit for 2020
Combined operating ratio for the UK business deteriorated to 97.8%, but GWP was up by 11%.
Blog: How can insurers support brokers and allow staff to work flexibly?
Zurich's David Martin reflects on how Zurich manages to balance the two as more providers move to flexible working for staff.
Head Lines: Zurich offers counselling to all claimants
Brokered and direct customers will be offered access to five counselling sessions if they claim.
Pen Underwriting extends £165m Zurich capacity deal
The capacity will provided over the next five years to cover hazardous industries and tanker transportation.
Zurich and Plum Underwriting agree £150m capacity deal
The five-year personal lines deal sees Zurich replace Lloyd's capacity.
No firm deadline for Supreme Court BI judgment
Judges pledge to work quickly but there is no certainty on when policyholders and insurers will get a decision on the business interruption appeal as hearing concludes.
Orient Express named as "main battleground" ahead of BI test case Supreme Court hearing
The hearing in the FCA's business interruption test case starts on 16 November and will be heard by the same judges that oversaw the Orient Express case, which insurers have been relying on during the court proceedings.
Gallagher takes Zurich's Nick Price
He joins as market management director and will support Gallagher's retail division.
UK insurance firm goes into administration
East West Insurance Company was forced into administration following a Court of Appeal ruling on a claim.
FCA prepares appeal after it fails to reach agreement with insurers in BI test case
Regulator says it will continue discussions with insurers and action groups to find a solution for the outstanding issues as soon as possible.
Test case insurers respond to High Court BI judgment
Some providers involved in the business interruption test case are considering an appeal, while others welcome the result.
BI ruling welcome news for policyholders but result differs by wordings
Disease and ‘hybrid’ wording policyholders are particularly well placed to seek compensation after the landmark High Court judgment today in the FCA's BI test case and those with prevention of access wordings may also find they have cover, law firm…
Brokers predict tough challenge for Zurich's incoming UK CEO
Experts argue that Tim Bailey, who will take over when Tulsi Naidu moves to Zurich's Asia Pacific business, must prioritise getting to know the broker sector.
Zurich names new UK CEO
Tim Bailey will take over on 1 January as current CEO Tulsi Naidu moves to become CEO Asia Pacific at the provider.
Tulsi Naidu exits as Zurich UK CEO
She leaves to head up the insurer's Asia Pacific region as provider reshuffles its executive team and makes swathe of leadership appointments.
Zurich UK GI reveals H1 loss after Covid-19 claims hit £140m
CEO Tulsi Naidu points to positive working relationships with brokers throughout a "time of great stress" as she maintains that the provider is "very well positioned" for the future.
QC accuses FCA of failure to show causal connection between government action and the disturbance to the insured businesses
Insurers argued the Financial Conduct Authority is “unable to demonstrate” any meaningful connection between the action taken by the UK government on a national basis in response to Covid-19 pandemic and the locality of firms’ premises, as the court…
Insurers’ QC claims FCA is “forcing a square peg into a round hole” in BI test case
Providers argue regulator’s case doesn’t work because access to premises was not prevented during pandemic as lawyers for Hiscox, Ecclesiastical, MS Amlin, Arch Insurance and Zurich make their submissions.
Insurers argue FCA victory would lead to ‘injustice’
Defendants in the Financial Conduct Authority’s BI test case warn providers could be liable for losses they never agreed to cover.
Insurers failed to raise issues with government's restriction triggers, says FCA
If insurers disagreed with the government’s conclusions following a meeting with the industry that they would pay out based on March advice then they should have spoken out sooner and given politicians an earlier ‘opportunity’ to enforce mandatory bans,…
Insurance Covid-Cast: Future of Insurance Work – Lesson learned to help Gen Y employees adjust to a new work/life balance post-pandemic
For the 33rd episode of Post and Insurance Age’s video series we gathered together a panel of senior HR and talent managers to discuss the feedback they have had from millennials about how they have experienced lockdown and how insurers might adapt in…