Zurich North America Announces Leadership Transition for National Accounts and Underwriting

Leadership Changes at Zurich North America

In a significant shift within its leadership team, Zurich North America has announced new appointments in its U.S. National Accounts and Underwriting sectors. Effective May 15, 2025, Heather Fox will take over as the Head of U.S. National Accounts, succeeding Paul Lavelle, who is set to retire. At the same time, Peter Caminiti will ascend to the position of Chief Underwriting Officer, highlighting a strategic move that aims to bolster Zurich's capabilities in the market.

Heather Fox previously served as the Chief Underwriting Officer for Zurich North America, where she played a vital role in enhancing the company's underwriting processes and capabilities. With over 25 years of industry experience, she brings extensive knowledge and skills to her new role, which involves managing relationships with large national and multinational firms. As she transitions into her new leadership position, Fox will join key Executive and Leadership Teams, responsible for shaping the future direction of Zurich's National Accounts initiatives.

Peter Caminiti, who has a long-standing history with Zurich, has been promoted from Head of Underwriting for U.S. National Accounts to become the Chief Underwriting Officer for North America. With a solid background that includes previous interim roles in underwriting leadership, Caminiti is highly regarded for his industry acumen and deep client relationships, especially with Zurich's core customers and brokers. His new responsibilities will further capitalize on his understanding of underwriting and risk management, ensuring that Zurich remains a prominent player in the insurance landscape.

In making the announcement, Kristof Terryn, CEO of Zurich North America, expressed confidence in both appointments. He stated, “I'm thrilled about Heather and Peter taking on these new roles... Their expertise and vision will continue to drive profitable growth in North America.” He also extended his gratitude to Paul Lavelle, lauding his substantial contributions to the company's growth over the past seven years. Lavelle's tenure includes pivotal moments that shaped Zurich's commercial business and claims operations.

Lavelle, whose experience spans over three decades in the insurance industry, will remain until June 1 to facilitate a smooth transition. Under his leadership, Zurich expanded its North American commercial business and established industry collaborations that enhanced customer service. Following his departure, the company is poised to continue its evolution under Fox and Caminiti’s guidance.

Sierra Signorelli, CEO of Commercial Insurance, also acknowledged Lavelle’s impact on the organization and expressed excitement about the capabilities that Fox and Caminiti bring to their respective roles. Her remarks emphasized the potential for continued success as Zurich navigates the complex insurance terrain.

This leadership transition at Zurich North America is not just a change in personnel, but a strategic maneuver designed to advance the company’s market position and customer offerings in a competitive industry. With Fox and Caminiti at the helm, Zurich aims to ensure that its National Accounts and Underwriting divisions are well-equipped to meet the demands of modern risk management and insurance needs. As the market evolves, these new leaders will be instrumental in steering Zurich towards sustained growth and innovation in the insurance sector.

In summary, Zurich North America is poised for a promising future with its newly appointed leadership. Heather Fox and Peter Caminiti's extensive experience and commitment to excellence will serve as significant assets as they lead the company into a new chapter of development and opportunity.