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Zurich sets new focus on MGAs and appoints new Head
Zurich Insurance Group has announced that it is strengthening its focus on Managing General Agents (MGA) in Europe. This market represents a significant business opportunity for Zurich’s Commercial Insurance. MGAs have the authority to write, administer and negotiate insurance contracts on behalf of insurance companies. Many MGAs are looking for partners able to demonstrate stability and strength, both core attributes of Zurich. Zurich already has a presence in this market, and establishing a unit dedicated to supporting the MGA distribution network in countries is a next logical step.
Enrico Bertagna has been appointed to the new role of Head of Managing General Agents Network. He has over 30 years’ experience in the insurance industry, most recently as senior vice president, business development at Allied World Assurance Europe. Prior to that he was head of Lloyd’s Southern, Eastern Europe and Africa business. He joins Zurich today and reports into Sierra Signorelli, Chief Underwriting Officer Commercial Insurance and will work closely with our local underwriting teams to support this initiative.
James Shea, CEO Commercial Insurance, commented: “This decision supports our ambition to focus on this important segment and Enrico is precisely the type of business leader we need to set up and lead this dedicated unit. He understands what it takes to profitably grow this important insurance business.”
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