Zurich executive Valerie Butt is named North America Head of Casualty
Schaumburg, Ill., October 15, 2018
Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance, effective October 16.
Butt will lead the casualty business with responsibility for new and renewal business. She will be based in Chicago and report to Paul Horgan, Head of Zurich North America Commercial Insurance.
“Valerie brings a strong understanding of the market and is well connected with our distributors and customers,” Horgan said. “She is well versed in the nuances of our casualty business, having started her career as a casualty broker and, later, as a multi-line underwriting manager after joining Zurich.”
Since joining Zurich in 1997, Butt has held a number of leadership positions in underwriting, customer relationship and distribution teams in Commercial Insurance and Global Corporate.
Most recently, Butt served as Global Head of Customer, Distribution and Market Management for Commercial Insurance. In this role, she led the team responsible for developing and deepening relationships with key global customers, devising and implementing the go-to-market strategy and partnering with strategic brokers to drive growth and retention. Under her leadership, Zurich won the 2016 Strategic Account Management Association’s Excellence Award for “Outstanding SAM Program Leadership for Mature Programs.”
In 2010, Butt was featured in the Business Insurance magazine annual “Women to Watch” issue.
Butt steps into the role that was vacated when Brandon Fick was named chief underwriting officer for Zurich North America.
Butt holds a bachelor’s degree and an M.B.A in finance and risk management from the University of Georgia.
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 53,000 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 provider of insurance products and services, including workers’ compensation, liability, property, specialty and F&I (finance and insurance) for a number of major industries, such as Construction, Auto Dealers, and Technology. It offers life insurance and disability coverage in the United States. Zurich employs approximately 9,000 people in North America. It’s a top-four commercial insurer in the U.S. and has been insuring U.S. businesses for more than 100 years. Further information is available at www.zurichna.com.