Zurich appoints head of UK life business

clock • 2 min read

Zurich has appointed Anne Torry as head of its Life business in the UK, and CEO of its legal entities Zurich Assurance plc and Sterling Investment Managers Limited.

Torry who has been with Zurich since 1995 in various leadership roles will move into her new role on July 1, 2016.

As head of UK Life, she will be based in Swindon and will report to UK Country Head, Vibhu Sharma.

The announcement follows Zurich senior management restructures to consolidate its global life and non-life business.

For the last five years Torry has been managing director of the public sector insurance arm of Zurich's UK General Insurance business (UKGI), driving growth and putting customers at the heart of the operation.

She takes over from Jim Sykes, who has been interim CEO since Gary Shaughnessy left in January to become CEO Zurich Global Life.

Sykes will now return to his role as UK Life chief operating officer and head of In-force Management.

Shaughnessy said: "Her leadership experience in the UK market, combined with her background running both businesses and functions within them, make her the ideal choice."

Torry said: "I'm joining UK Life at a very exciting time as it faces all the opportunities and challenges in the market driven by both customer demand and regulatory and Government changes.

"I look forward to working with the business's excellent and experienced team, and with our intermediaries, to continue developing new solutions to meet our customers' needs within this complex market place."

Prior to leading Zurich Municipal, Torry was chief operating officer for Zurich's UK General Insurance business (UKGI) for four years.

During her time in this role she led the transformation of UKGI, as well as being responsible for shared services for the Global Corporate and UK Life businesses.

Her permanent replacement as Zurich Municipal managing director will be Andrew Jepp, who has been with Zurich for 22 years and is currently Anne's deputy and Director of Public Sector.

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