Zurich North America Boosts US Middle Market Growth with 100 New Underwriting Positions
Zurich North America, a prominent leader in the insurance solutions sector, is making significant strides in its US Middle Market business by introducing over 100 new underwriting positions aimed at enhancing service across diverse regions. This expansion reflects Zurich’s commitment to supporting the growing needs of midsize businesses throughout the United States.
Expansion of Zurich’s Middle Market Business
Launched in 2020, Zurich’s Middle Market business unit was designed to establish the company as a key player in this rapidly evolving segment. As highlighted by Coverager, the business has successfully introduced several innovative risk management solutions tailored to meet the unique needs of its clients and partners.
Innovative Solutions for Customers
Since its inception, Zurich Middle Market has rolled out several key offerings, including:
- Primary Products Liability Policy: Specifically designed for life sciences companies.
- My Zurich Broker Concierge: A platform providing brokers with on-demand access to crucial information such as loss runs and transaction statuses, with or without API integration.
- Smart Renewals: This feature allows many accounts to undergo a streamlined renewal process without the need for complete re-underwriting.
Focus on Midsize Businesses Across the US
Zurich North America offers a comprehensive range of insurance products and services that cater to various industries, leveraging over 150 years of financial strength and expertise. The expansion of the Middle Market business is part of an initiative to enhance support for midsize companies, which are not only located in major urban centers but also throughout the entire country.
Broader Access to Tailored Insurance Services
The addition of more underwriting roles will enable Zurich to provide specialized insights within the industry, assisting businesses in effectively managing their risks. This move aligns with Zurich’s goal of being more accessible to customers and offering holistic solutions that encompass a wide array of services.
Leadership and Vision
In line with this expansion, Lisa Diers, a seasoned professional with 28 years at Zurich, has been appointed as the Head of Onboarding & Development for the Middle Market. Her experience will be essential in facilitating the onboarding and professional growth of the new underwriting team.
According to Alex Wells, Zurich’s head of US Middle Market, “Middle market businesses represent a significant segment of the U.S. economy, and they are dispersed across various regions, not just in large cities. We aim to engage these businesses and their brokers directly. Our Middle Market unit has seen considerable success over the past five years, validating our core principles of customer proximity, industry expertise, and comprehensive service offerings.”
For more information on Zurich North America’s products and services, visit their official page: Zurich North America.
