Zurich Insurance Group (Zurich) has announced the appointment of Penny Seach as chief underwriting officer (CUO) for Europe, Middle East and Africa (EMEA), effective 1 March 2021.
Based in Zurich, Switzerland, Seach will report to Sierra Signorelli, group chief underwriting officer and Alison Martin, CEO of EMEA and Bank Distribution.
Seach will have responsibility for the oversight of all aspects of the underwriting function in the region and ensure alignment with the Group’s global strategy and governance. Additionally, she will focus on driving various underwriting initiatives, such as policy wording updates and the rollout of new platforms and enhanced data and analytics tools.
She brings over 25 years of insurance experience and has a strong track record of leading large diverse teams across geographies and disciplines. Seach joined Zurich in 2017 and most recently served as CEO of general insurance, Zurich Hong Kong.
Signorelli said: “EMEA is a critical region for our business and to Zurich’s overall success, and I am very pleased to welcome Penny to the team. She is a passionate leader and brings extensive operational and business line experience to the role. I am confident that she will be a strong partner to the local underwriting teams while helping us further develop and implement our strategy and deliver the best solutions for our customers’ individual needs.”