Zurich Insurance again named one of the Top Companies for Executive Women by the National Association for Female Executives
Schaumburg, IL, February 28, 2017
Zurich Insurance has been named one of the 2017 Top Companies for Executive Women by the National Association for Female Executives (NAFE). The award recognizes American corporations where women have significant clout to make the decisions that affect their company’s future and its bottom line. It’s the second consecutive year Zurich has earned this honor.
“This recognition from NAFE is the result of Zurich’s deliberate focus on creating a workplace environment that nurtures the development of our people,” said Mike Foley, CEO of Zurich North America. “Being more inclusive and leveraging the diversity of our workforce will help drive better outcomes, including better solutions for our customers and an enhanced brand and reputation in our communities.”
The NAFE Top Companies survey evaluates companies on every aspect of women’s advancement, including succession planning, profit-and-loss roles, gender pay parity, support programs, work life balance programs and more.
“The NAFE Top 60 Companies for Executive Women are the leaders in the U.S. that have moved women into top executive positions and created a culture where talented women are nurtured, promoted and thrive,” said Betty Spence, president of NAFE. “We are very proud to honor their contributions to the advancement of women in the workplace.”
Zurich has a robust employee resource group for women called the Women’s Innovation Network or WIN. This group plays a critical role in the development and engagement of women with more than 1,800 members in North America. WIN provides a professional network for inspiration, development and connection to colleagues across Zurich and has more than 5,000 members in 15 countries. Zurich also was selected by Working Mother magazine as one of the 100 Best Companies in 2016, 2015 and 2014.
About the Methodology
The 2017 NAFE Top Companies application includes some 200 questions on female representation at all levels, especially the corporate officer and profit-and-loss ranks. The vetting process includes tracking access and usage of programs and policies that promote the advancement of women as well as the training and accountability of managers in relation to the number of women who advance. In order to be eligible for the NAFE Top Companies survey, entrants must have a minimum of 1,000 employees, two women on the Board of Directors and be a public or private company. NAFE also separately names the Top 10 companies in the nonprofit sector.
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.
In North America, Zurich is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors through the individual member companies of Zurich in North America, including Zurich American Insurance Company. Life insurance and disability coverage issued in the United States in all states except New York is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company. In New York, life insurance and disability coverage is issued by Zurich American Life Insurance Company of New York, a New York domestic life insurance company. For more information about the products and services it offers and people Zurich employs around the world go to www.zurichna.com. 2012 marked Zurich's 100-year anniversary of insuring America and the success of its customers, shareholders and employees.
The National Association for Female Executives (NAFE), founded in 1972, serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses. Working Mother magazine publishes the annual NAFE Top Companies list. NAFE.com provides up-to-date information, a community for women in business, and access to member benefits. NAFE is a division of Working Mother Media, owned by the Bonnier Corporation.