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Zurich to merge corporate, commercial, names CEO

ZurichZurich Insurance Group (Zurich) will combine its corporate and commercial businesses into a single global business, Commercial Insurance, headed by James Shea as CEO Commercial Insurance.

James Shea joins from AIG, where his most recent role was President of Global Financial Lines. He has more than 20 years of experience in the insurance industry and has held senior positions in the U.S., UK, France, Japan and Singapore.

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Mr. Shea began his insurance career at AIG in 1994 as a financial lines underwriter in New York. He joined the American International Underwriters (AIU) division in1996, where he held several senior underwriting and general management positions.

These included senior vice president of International Financial Lines, regional president for Central Europe and the Commonwealth of Independent States and managing director of AIG UK. In 2012 he was appointed president of Global Specialty Lines and CEO Commercial Lines, Asia Pacific.

Most recently he was president of Global Financial Lines based in New York. During his career, he has worked in Canada, the U.S., UK, France, Japan and Singapore.

Mr. Shea joined Zurich in September 2016 as CEO Commercial Insurance and as a member of the Executive Committee effective October 2016.

Zurich’s Board of Directors has appointed Mr. Shea, Claudia Dill, CEO Latin America, and Jack Howell, CEO Asia Pacific, as members of the Executive Committee, completing the transformation begun in June.

Claudia Dill has more than 25 years of experience in the banking and insurance sectors and has held a range of senior international positions.

Ms. Dill joined Credit Suisse as an internal auditor in 1990. She moved to Japan in 1992, where she worked as an auditor for Deutsche Bank and Commerzbank. Ms. Dill spent most of 1994 working as an external auditor for Coopers & Lybrand, before returning to Switzerland.

She resumed working for Credit Suisse from the end of 1994 until 1999 in various roles in the Credit Risk Management Department.

Ms. Dill joined Zurich in 1999 as Chief Financial Officer for Group Reinsurance. In 2003, she was appointed CFO for the European region and European General Insurance and was later appointed Chief Operating Officer for the same business area.

In 2009, Ms. Dill took on the role of Head of Global Business Services, based in the U.S. From 2012 until 2015, Ms. Dill served as COO for the General Insurance business, based in Switzerland.

In 2015, she was named CEO of General Insurance for Latin America, based in Brazil, and was appointed CEO Latin America in 2016 and member of the Executive Committee effective October 2016.

Jack Howell joined Zurich in September 2016. He has over twenty years of industry knowledge and a successful track record in managing insurance businesses in the Asia Pacific region.

Prior to his appointment at Zurich, Mr. Howell was the Regional Officer for Assicurazioni Generali based in Hong Kong.

He joined Generali from Prudential UK, where he briefly served as CEO for Prudential Life Assurance Indonesia and for almost six years as CEO of Prudential Vietnam Assurance Private Limited.

Before Prudential, he held various positions for AIG in the Philippines, Hong Kong and New York, co-founded a boutique investment bank called TwentyTen, and spent several years as a consultant, including The Boston Consulting Group.

Mr. Howell joined Zurich in 2016 as CEO for Asia Pacific and as a member of the Executive Committee effective October 2016.

These appointments are effective as of October 1, 2016.




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