Dateline: 03/10/2001
SCHAUMBURG, Ill., October 3, 2001 - Zurich North America named Bill Chapdelaine as director of Marketing for its Middle Markets business unit. Middle Markets provides commercial insurance solutions to mid-sized commercial businesses. Offerings include one of the broadest solutions available for agribusiness customers as well as group and association programs.
"We’re thrilled that Bill has joined the Zurich North America Middle Markets staff," said Don Hurzeler, president and CEO of the Middle Markets Business Unit. "He certainly knows the company and our approach to risk management solutions. We anticipate great things resulting from his business acumen and leadership capabilities."
Previously, Chapdelaine was director of Sales for Zurich North America’s Corporate Customer business unit. He has also held the position of director of marketing for the company’s Diversified Products business unit. In his new responsibilities Chapdelaine will oversee the development of marketing strategies, target markets and product density initiatives. In addition, he will manage all marketing functions including marketing communications and market research.
Chapdelaine holds an M.B.A. from the University of Connecticut and an undergraduate degree from the University of Bridgeport.
Zurich North America (www.zurichna.com) is a leading commercial property-casualty, health and accident insurance provider serving the multinational, middle market and small business sectors in the United States and Canada. Headquartered in Schaumburg, Ill., Zurich North America has 11,650 employees and wrote $8.0 billion in premiums in 2000. Zurich North America includes the Zurich U.S. business units (Corporate Customer, Middle Markets, Small Business, Strategic Partnerships, Construction, Specialties, Zurich Global Energy, Warranty, Surety & Financial Enterprises and Empire Fire and Marine), as well as Universal Underwriters Group and Zurich North America Canada. The Zurich U.S. pool of companies is rated A+ (superior) by A.M. Best and AA (very strong) by Standard & Poor's. Zurich North America is a member of the Zurich Financial Services Group.
Zurich Financial Services Group (www.zurich.com) is a global leader in the financial services industry, providing its customers with integrated and web-enabled solutions in the area of financial protection and asset accumulation. The Group concentrates its activities in five business segments: non-life and life insurance, reinsurance, Farmers Management Services, and asset management. Headquartered in Zurich, Switzerland, the Group's worldwide presence builds on strong positions in its three key markets -- the United States, the United Kingdom and Switzerland. It has offices in more than 60 countries reaching about 35 million customers and employing about 70,000 people. The Group achieved gross premiums of USD 50 billion. This amount includes insurance deposits as well as premiums from the Farmers P&C Group. The net income was USD 2.33 billion. On December 31, 2000, the Group had USD 440 billion of assets under management, of which USD 259 billion represent funds managed for third-party institutional and retail customers.
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Media Contacts:
Janet Walker
Zurich North America
(847) 605-7604
janet.walker@zurichna.com
Annette Powers
Miller DeMartine Group
(718) 768-1911
apowers@mdgpr.com