Zurich Names Two Execs to Lead Casualty, Property Units

Zurich named Kevin McCracken as executive vice president-casualty, and Joseph Tocco as executive vice president-property for the insurer’s Global Corporate in North America unit, effective Jan. 1, 2008. Both will now report to Paul Horgan, the unit’s newly appointed chief underwriting officer.

McCracken will be responsible for casualty coverage, including all large casualty accounts, excess workers’ compensation and international casualty business written in North America. He joined Zurich earlier this year as senior vice president-casualty, Northeast Region, and leader of the company’s excess workers’ compensation business nationally. Prior to joining Zurich, McCracken was senior vice president of ACE USA’s Mid-Atlantic region.

Tocco will be responsible for property lines, including highly protected risks, global property, boiler and machinery, health care and national accounts property segments. Tocco joined Zurich from Munich Re in 1996 as vice president and national director of engineered lines, and was appointed senior vice president-Northeast Region property manager in 2001.

Source: Zurich Financial Services, www.zurichna.com