Mr Morgan currently serves as Chief Risk Officer, Zurich Asia Pacific (APAC), and brings a wealth of local and regional expertise, having previously led GI Retail (SME) and Cover-More businesses in Australia & New Zealand. He has also served as Head of Specialty (APAC), Chief Underwriting Officer, Global Corporate (Japan) and Head of Financial Institutions and Management Liability (United Kingdom).

The appointment follows the promotion of Sean Walker to the newly created role of Head of Commercial Insurance (CI) & Chief Technical Officer (APAC).

Mr Walker will join the Global CI Leadership Team and become a member of the Zurich Group Leadership Team. Working with local markets, he will be responsible for regional GI strategy as well as consolidating and enhancing Zurich’s underwriting and claims capabilities across APAC.

Justin Delaney, Chief Executive Officer, Zurich Australia & New Zealand said: “I am very pleased to welcome Alex to our leadership team. As the only major composite – life and general – insurer in the market, this is a critical appointment.”

“With a strong understanding of the local market, together with broad global and regional experience, Alex will bring both continuity and a fresh perspective as we seek to further advance our customer offering and competitive position.”

“I want to also congratulate and thank Sean for his excellent leadership of the GI business in Australia & New Zealand. As testament to his extensive experience and deep expertise, Sean’s appointment represents both a fantastic professional opportunity and, more importantly, a meaningful and important strategic step for Zurich in the region,” Mr Delaney said.

The appointments are effective from 1 August, 2023. Mr Morgan will continue to be based in Sydney. Mr Walker will relocate from Australia to Singapore.

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Sean Walker, Chief Underwriting Officer of GI Australia & New Zealand, will support Justin in the management of the GI business. Tim Plant, presently CEO of Zurich’s GI business in Australia & New Zealand, has decided to pursue an opportunity outside the Zurich Group.

In announcing the leadership changes, Tulsi Naidu, Zurich’s APAC Regional CEO, said that this appointment ensures that the company can operate seamlessly in the Australian market with a unified leadership team.

“In Justin, we are fortunate to have a strong leader who has extensive experience in the local insurance industry and a solid track record in delivering customer-centred innovation.” said Ms. Naidu. “Sean has been with the Zurich business for more than 10 years, he has held a variety of market-facing, underwriting and leadership roles over the course of his career and is well placed to support Justin. I am pleased that we have strong leaders in place on-the-ground to ensure a smooth succession for the business and team, and would also like to take this opportunity to wish Tim all the very best for the future.”

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