Zurich has arrange a Warsaw-based department to begin writing industrial insurance coverage enterprise in Poland via Zurich Austria.
The brand new unit goals to serve each home and worldwide corporations.
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It is going to present cowl as a main service, co-insurer and reinsurer, and can distribute merchandise via brokers within the Polish market.
Rafał Tokarz will head the Polish department, having labored in underwriting and company insurance coverage for greater than three a long time.
Tokarz stated: “I’m excited that Zurich has taken a daring step to enter the Polish market. Zurich is a service with real industrial insurance coverage experience, in addition to a observe document of delivering tailor-made programme options on a worldwide scale.
“Along with our extremely certified and skilled workforce – together with underwriters, danger engineers and claims handlers – we’ll deliver this proficiency and functionality to the market.”
In a LinkedIn submit, Zurich Insurance coverage Group Industrial Insurance coverage Worldwide CEO Luciano Cirinà described Poland as “considered one of Europe’s most dynamic economies”.
Duty for the enterprise sits with Zurich Austria, the place Kurt Möller serves as head of Industrial Insurance coverage Austria & CEE.
The launch marks an additional step in Zurich’s buildout throughout central and japanese Europe.
Final month, Zurich Insurance coverage Europe agreed to purchase the non-life portfolio of Generali España De Seguros Y Reaseguros in Eire, the place it trades underneath the RedClick identify.
That transaction has a money worth of €337m ($393.8m), topic to last completion changes. Generali Spain will retain a further €51m of extra capital associated to its Irish property and casualty operations.
