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Zurich promotes UK life chief to global role

Zurich Insurance Group has appointed Gary Shaughnessy as CEO Global Life, replacing Kristof Terryn, who became CEO General Insurance in October.

Mr Shaughnessy has been Zurich UK life CEO since June 2012. Before joining the insurer he was MD of Fidelity Worldwide Investment.

He has also worked for the Prudential Group, Axa, the Automobile Association and the Bank of Scotland. 

Zurich’s Acting CEO Tom de Swaan says Mr Shaughnessy has made a significant contribution to the UK business. 

“Mr Shaughnessy is a great leader with a wealth of industry experience, which makes him perfectly suited for the role,” Mr de Swaan said.

“The appointment demonstrates the strength of our internal talent pipeline.” 

Mr Shaughnessy is a member of the Association of British Insurers board and chairman of its protection committee.

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