Schaumburg, Ill., November 8, 2012 – Zurich Insurance announced today that Kathleen Savio has been named President of Programs & Direct Markets for Zurich North America Commercial, effective immediately. Savio will be responsible for working with the Programs and Direct Markets teams to build on and execute their operating plans to deliver profitable growth while contributing to the business’ strategy and vision.
During her more than 20 years with Zurich, Savio has held many key roles. Most recently, Savio held the position of Chief Administrative Officer for North America Commercial and was responsible for Strategy and Operational Planning, Corporate Communications, Human Resources, Community Investment, Audit, and Security and Investigations.
“I am confident Kathleen’s deep working knowledge of Zurich, breadth of leadership experience, and focus on developing people will enable the continued success of our Programs & Direct Markets business,†said Mike Foley, CEO of Zurich North America Commercial and Regional Chairman – North America for Zurich.
Prior to her role as CAO, Savio led the Corporate Marketing and Communications function for North America Commercial, as well as Strategic Initiatives for Marketing and Distribution. She has also held roles in Product Underwriting, Corporate Marketing, and various roles within key business units.
Savio is a member of the Zurich Foundation Board, Chair of the Insurance Industry Charitable Foundation Chicago/Midwest Division and member of the IICF National Board, and recently completed the Harvard Business School Advanced Management Program. Savio will be based in Schaumburg, Ill.
Since 1922, Zurich’s Direct Markets business has served the insurance needs of automotive businesses. Today, Zurich is the largest insurer of North America franchised auto dealers. Zurich has provided program coverage for more than 50 years and continues to work with many of the best program administrators and general agents in the country.
About Zurich
Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as well as other markets. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies as well as multinational corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt program which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.
In North America, Zurich is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors. Life insurance offered in the United States is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company. For more information about the products and services it offers and people Zurich employs around the world, go to http://www.zurichna.com.
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Media contact: Jennifer Nowacki Zurich, North America (847) 605-6511 jennifer.nowacki@zurichna.com
