Zurich Insurance has appointed Alison Martin as head of its European business, replacing Amanda Blanc who quit the company last week.
Alison Martin (pictured), the executive committee member who joined Zurich in October 2017 before assuming the group chief risk officer post in January 2018, has been appointed as chief executive officer for EMEA (Europe, the Middle East, and Africa) and bank distribution effective immediately.
Martin, who is based in Zurich, will also continue in her role of overseeing the group risk management function until a successor has been found, the statement added.
She is a mature leader with a strong international background. I am confident she will successfully expand our capabilities to meet customer needs in the region"
The Financial Times reported that Blanc's departure was the result of a personality clash with chief executive Mario Greco.
In a statement, Greco said newly appointed Ms Martin was "perfectly suited" for the role.
He said: "She is an enthusiastic leader who combines industry expertise with the right mix of customer focus, people management and commercial experience.
"She is a mature leader with a strong international background. I am confident she will successfully expand our capabilities to meet customer needs in the region. She knows our culture, she knows our business and is well suited to take our EMEA business to the next level."