Brand and Waterman Appointed to New Roles in Zurich’s Commercial Insurance Team

Zurich Insurance Group announced it has appointed Ralph Brand as global head of Casualty, Financial Lines and Cyber, and Chris Waterman as global head of Property, Marine and Technical Lines.

With these newly created roles, Zurich further simplifies its Underwriting function by aligning the shorter-tail first party coverages and the longer-tail third party liability coverages.

Commercial Insurance Chief Underwriting Officer Sierra Signorelli said: “The insurance industry continues to evolve and having the ability to provide customers with tailor-made services, solutions and advice is critical for our future success. This new setup will enable us to combine our expertise and resources across business lines and make better and more efficient underwriting decisions for our customers.”

Both Brand and Waterman are highly experienced insurance executives with more than 30 years of experience in regional and local roles, which will help deliver the support, consistency and portfolio oversight that is needed across their respective lines of business, said Zurich in a statement.

Ralph Brand joined Zurich in March 2012 as CEO of Zurich Germany. He left in 2016 to start his own business and rejoined Zurich in 2019 as global head of Casualty. Previously, he held various leadership roles at AIG and Allianz across Europe and in the United States. Brand is based in Zurich.

Chris Waterman joined Zurich in July 2016 in Singapore, where he most recently was Head of Commercial Lines Underwriting APAC. Before joining the company, he held various leadership roles at AIG, including head of Property & Energy in Japan. Waterman will relocate from Singapore to Zurich.

Accident & Health and Credit and Surety will continue to be led by Drazen Jaksic and Piergiorgio D’Ignazio, respectively.

Source: Zurich Insurance

Topics Commercial Lines Business Insurance