Zurich marks 30 years in the Middle East with a series of initiatives
Source: Middle East Insurance Review | Sep 2019
Zurich Middle East is marking its 30th anniversary in the region with a series of initiatives and appointments aligned with its objective of becoming the leading provider of life insurance in the Middle East.
With bold plans to develop an array of new products and solutions for both its retail and corporate customers, the insurer said it has the customer placed firmly at the centre of its strategy. “We are committed in the Middle East to being customer first, being closer to the market and creating stronger collaboration between our retail and corporate customer segments,” said Mr Walter Jopp, CEO of Zurich Middle East.
Zurich is already one of the leading providers of insurance in the Middle East. Examples of this include over 20% market share in GWP in the region and its leading role in supplying employer-sponsored workplace savings schemes to over 500 companies across the GCC.
The company has also opened a new regional headquarters in Dubai, supported by the firm’s three other offices in the region in Abu Dhabi, Bahrain and Qatar.
In addition, Zurich has appointed Mr Simon Price as head of market management Middle East. It has also created a new role for head of sales Middle East to look after all sales functions, and has hired Mr Theo Alexandrescu to the position. M