Zurich Insurance News

Fire and Hail Push Insurers to Rethink Climate Change Risks

LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is …

Zurich Uses Robots for Personal Injury Claims Document Review

Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims handling … and saved 40,000 work hours, while speeding …

Former Zurich CEO Commits Suicide

Martin Senn, the Zurich Insurance Group AG chief executive officer who stepped down in a December reshuffle, has committed suicide, the company said in a statement on Monday. He was 59. The family informed Zurich Insurance that Senn had taken …

Zurich Announces New Last Minute Response Team for Hurricane Prep

Last week, Zurich Insurance launched a new pre-emergency response team to assist business owners in dealing with last minute risk assessment and quick fixes two to four days prior to the arrival of an impending hurricane. Bringing in on site …

Zurich Insurance to Add 150 Jobs in Chicago

Zurich Insurance plans to add 150 jobs to its workforce in Chicago. Zurich is a commercial property-casualty insurance provider that already has 350 employees in the city. Chicago Mayor Rahm Emanuel announced the additional jobs Monday. In a statement, Emanuel …