Zurich is appointing Anne Torry as head of its life business in the UK, as well as the roles of CEO of its legal entities Zurich Assurance plc and Sterling Investment Managers Limited.
Torry has been with Zurich since 1995. As head of UK Life, she will be based in Swindon and will report to UK country head Vibhu Sharma.
For the last five years Torry has been managing director of the public sector insurance arm of Zurich’s UK General Insurance business (UKGI).
She takes over from Jim Sykes, who has been interim CEO since Gary Shaughnessy left in January to become CEO Zurich Global Life. Sykes will now return to his role as UK Life chief operating officer and head of in-force management.
Torry’s permanent replacement as Zurich Municipal Managing Director will be Andrew Jepp, who has been with Zurich for 22 years and is currently her deputy and director of public sector.
Shaughnessy says: “Her leadership experience in the UK market, combined with her background running both businesses and functions within them, make her the ideal choice.”
Torry says: “I’m joining UK Life at a very exciting time as it faces all the opportunities and challenges in the market driven by both customer demand and regulatory and Government changes.
“I look forward to working with the business’s excellent and experienced team, and with our intermediaries, to continue developing new solutions to meet our customers’ needs within this complex market place.”