Zurich Welcomes Fresh Leadership in Risk Management for ANZ Region
Zurich Welcomes Fresh Leadership in Risk Management for ANZ Region
Wainwright's appointment signifies a strategic shift aimed at bolstering Zurich's risk management operations amid an evolving financial landscape. He transitions from Zurich's life insurance division in the United Kingdom, where he likewise served as Chief Risk Officer. His expansive expertise, honed through 25 years in financial services, positions Wainwright as a key asset for Zurich ANZ.
Justin Delaney, Zurich's Chief Executive, lauded Wainwright's arrival, stating, "Mr. Wainwright's international experience and strong technical and leadership skills will further strengthen our local risk management framework. We are eager to integrate his vision and expertise into our leadership team next year."
Wainwright's career is marked by prominent roles not only within Zurich UK but also at Nomura Securities, Halifax Bank of Scotland (HBOS), and HSBC Global Banking and Markets. This broad spectrum of experience underlines his ability to navigate and mitigate risk in complex financial environments.
Set to commence his new role on January 6, 2025, Wainwright will be relocating to Sydney, and will report directly to Sid Medappa, the Regional Head of Risk for the Asia Pacific (APAC) division at Zurich.
Expressing his enthusiasm for the forthcoming transition, Wainwright remarked, "I am thrilled to join the Zurich team in Australia and am dedicated to advancing our robust risk management capabilities."
As the legacy bearer of a rich 30-year career, Jaimie Sach has been steering Zurich's risk management since 2019. His departure marks the end of an illustrious chapter, paving the way for Wainwright to inject new perspectives and strategies into the ANZ regional risk operations.
This announcement underscores Zurich’s commitment to fortifying its risk management strategies in an environment increasingly characterized by financial complexities. Wainwright's appointment opens a new page in securing Zurich ANZ’s resilience and proactive risk management approach.
The source of this adaptation is an original article published by Newswire on Zurich's executive appointment.
Published:Thursday, 5th Sep 2024
Source: Paige Estritori
Share this news item:
| CHU Enhances Strata Insurance Capacity for Larger Developments 21 Dec 2025: Paige Estritori CHU, Australia's leading strata insurance underwriting agency, has significantly increased its capacity to underwrite individual strata risks, now offering coverage up to $690 million. This substantial rise from the previous limit of $300 million is a strategic response to the evolving landscape of strata developments, which are becoming larger and more complex. - read more |
| ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria 21 Dec 2025: Paige Estritori The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, citing a direct link between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the need for effective management and oversight has become increasingly critical. - read more |
| Significant Reductions in Australian Construction Insurance Premiums 20 Dec 2025: Paige Estritori The Australian construction insurance market has experienced a notable shift in 2025, with premiums decreasing across various lines due to intensified competition among insurers. According to Marsh's Construction Insurance Market Update 2025, the first half of the year saw average premium reductions ranging from 5% to 15%, marking a significant departure from the upward trend observed in 2024. - read more |
| Elevated Construction Costs Prompt Reassessment of Insurance Strategies 20 Dec 2025: Paige Estritori Australia's construction sector continues to grapple with elevated cost pressures, prompting builders to reassess their insurance and risk management strategies. Gallagher reports that overall construction costs have increased by over 30%, influenced by supply chain disruptions, inflation, and labour shortages. - read more |
| The Digital Age of Insurance: Keeping Costs Down with Online Quotes The horizon of the insurance industry has undergone a transformative shift with the advent of digital technology. With a few clicks, consumers can navigate the once-complex world of insurance policies from the comfort of their home. The digital landscape for insurance services offers unprecedented access to information, comparisons, and instant communication, fostering a more empowered insurance client. - read more
|
| Estate Planning and Insurance: Safeguarding Your Legacy in Australia Estate planning is a critical process often overlooked, yet it serves as the cornerstone of ensuring that your legacy is protected and seamlessly passed on to your loved ones. It's about securing your financial future and guaranteeing that the assets you've toiled to amass are distributed according to your wishes. In the intricate world of asset protection and family security, being well-informed can make all the difference. - read more
|
| Strategies to Use Life Insurance in Funding Shareholder Agreements Shareholder agreements lay the cornerstone for stable business relationships and continuity in Australia. Acting as a contract among business owners, these agreements set forth the expectations, rights, and obligations of all parties involved. They are particularly vital in delineating clear paths for dispute resolution, succession planning, and the transfer of ownership shares under varied circumstances, including the untimely death or departure of a shareholder. - read more
|
| Tackling Unexpected Illness: How Income Insurance Can Help Maintain Your Standard of Living Illness limps in unannounced, derailing both physical health and financial stability without warning. When you're sideswiped by unexpected medical conditions, the uncertainty can compound, leading to a precarious balance of meeting health needs and financial commitments. Many are left pondering how to maintain their lifestyle amidst this turmoil. - read more
|
A life insurance that provides a cover for a specific period of time - usually one to five years or until the insured reaches age 65 or 70.