Zurich Names Sagalow as Chief Innovation Officer

January 13, 2009

Zurich North America named Ty R. Sagalow as executive vice president and chief innovation officer in the company’s North America Commercial Marketing unit.

In his new position, Sagalow will oversee all of North America Commercial’s strategic product development initiatives in the United States and Canada, and will have responsibility for the business division’s Proposition Development and Marketing Research departments. Sagalow will be based in New York and will report to John Parker, chief marketing officer for North America Commercial.

Sagalow brings more than 25 years of property-casualty industry experience to Zurich, having most recently served as president of AIG Product Development in New York. While at AIG, Sagalow oversaw the development of numerous new insurance products, including directors and officers liability policies, cyber-risk insurance, identity theft and various management and professional liability products.

Prior to his product development role, Sagalow was chief operating officer of AIG eBusiness Risk Solutions and was chief underwriting officer and general counsel of National Union Fire Insurance Company of Pittsburgh, Pa.

Sagalow is a frequent speaker at industry conferences and is an author of numerous articles on complex and emerging risks including “D&O Insurance: A Director’s Guide” (National Association of Corporate Directors) and “@Risk: The Definitive Guide to eCommerce Risk and Insurance” (Reactions Publishing Group Inc.).

Source: Zurich, www.zurichna.com

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