Gary Shaughnessy named Zurich Global Life CEO

clock

The chief executive of Zurich's UK Life division, Gary Shaughnessy, has been promoted to head the division globally.

Shaughnessy (pictured) will succeed current global life chief Kristof Terryn, who will head up the general insurance business, in January.

Zurich said it will announce a successor for Shaughnessy in the UK "in due course".

Shaughnessy became UK life CEO in June 2012. He held the additional role of UK country head from 2014 and is also the interim chief executive of the global life business in the EMEA region.

Additionally he joined the board of the Personal Finance Society as an adviser in February.

Tom de Swaan, interim chief executive  at Zurich said: "Gary steps up to his new role having made a significant contribution across our UK business.

"He is a great leader with a wealth of industry experience which makes him perfectly suited for the role."

Prior to joining Zurich, Shaughnessy was UK defined contribution and retail business managing director at Fidelity. He previously worked at Prudential and M&G investments.

Shaughnessy's background is in marketing and distribution with previous roles spanning financial services at AXA, the Automobile Association and the Bank of Scotland.

 

More on Income Protection

Half of parents able to get by for six months without income

Half of parents able to get by for six months without income

Vitality research shows

Jaskeet Briah
clock 25 November 2024 • 1 min read
Accident and illness absences impact 27% of adults

Accident and illness absences impact 27% of adults

Adults taking a month or more off work

Cameron Roberts
clock 21 November 2024 • 1 min read
Partner Insight: The everyday risks clients face

Partner Insight: The everyday risks clients face

New report sheds light on the common risks than can disrupt financial stability

MetLife
clock 20 November 2024 • 4 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read