October 24, 2016 5:45 AM ET


Company Overview of Zurich American Insurance Company

Company Overview

Zurich American Insurance Company operates as a commercial property-casualty insurance provider. It offers insurance products and services in the areas of accident and health, captive, casualty, environmental, management liability, private equity, professional liability, property, security and privacy, strategic risk, surety, trade credit and political risk, umbrella, and workers' compensation aspects; absence, health, and productivity insurance solutions; and group life, disability, and absence management insurance aspects. It serves agriculture, automotive, construction, energy, healthcare, manufacturing, marine, railroad, real estate, and technology markets, as well as financial instituti...

1400 American Lane

Tower 2

Floor 5

Schaumburg, IL 60196

United States

Founded in 1912





Key Executives for Zurich American Insurance Company

Chief Executive Officer and Regional Chairman of North America for Zurich Insurance
Age: 54
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of General Insurance
Age: 51
Chief Executive Officer of Zurich Insurance Group
Age: 59
Compensation as of Fiscal Year 2016.

Zurich American Insurance Company Key Developments

Zurich Insurance Appoints Geno Fernandez to the Role of Chief Underwriting Officer for Zurich North America, Effective July 5, 2016

Zurich Insurance announced the appointment of Geno Fernandez to the role of Chief Underwriting Officer for Zurich North America, effective July 5, 2016. Fernandez is Head of Strategic Execution for Zurich North America Commercial and will assume the role held by Mary Merkel, who after a distinguished 33-year career at Zurich, has chosen to retire from the company. Merkel’s retirement marks the culmination of 33 years of distinguished service to Zurich. As CUO for Zurich North America, Merkel has driven the alignment and execution of underwriting strategies within General Insurance and the region, advanced risk selection and pricing capabilities, and established Zurich’s predictive analytics center of excellence in North America. Fernandez currently chairs operating reviews for all Zurich North America Commercial’s businesses and functions. He has led the strategic transformation to a more customer-focused organization, engaged with key brokers on critical initiatives, and has been instrumental in strengthening Zurich’s analytics capabilities. Fernandez joined Zurich in 2012 from McKinsey & Company, where he was a senior partner and leader in the Insurance Practice. There, he built and deployed the firm’s global commercial underwriting service capabilities.

Zurich Credit and Political Risk Presents at Mexico Trade & Export Finance Corporation 2015, Oct-06-2015

Zurich Credit and Political Risk Presents at Mexico Trade & Export Finance Corporation 2015, Oct-06-2015 . Venue: St Regis, Mexico, Mexico. Speakers: Mathew Albrecht, Vice President & Deputy Regional Manager, Americas.

The New York Supreme Court's Appellate Division Upholds Ruling in Sandy-Related Suit Against Zurich American Insurance Co

The New York Supreme Court's Appellate Division upheld a June 2014 Supreme Court ruling in a lawsuit against Zurich American Insurance Co. over refusal to pay losses related to Hurricane Sandy. El-Ad 250 West LLC sued the company in August 2013 seeking to recover delay in completion losses of $20 million, saying it could not complete its 250 West high-rise project because of the storm. The appellate court, however, said the $5 million cap mentioned in the insurer's policy document applied to all damages, including delay in completion losses. In June 2014, the state's Supreme Court had granted Zurich American Insurance's motion for partial summary judgment and capped the amount payable for delay in completion losses at $5 million.

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