A week after Amanda Blanc’s shock resignation, Zurich appoints her successor to lead the European business

Zurich has appointed Alison Martin as its new chief executive of Europe, Middle East and Africa, and bank distribution, following Amanda Blanc’s resignation from the role last week.

Martin, who joined Zurich in October 2017 and took up the role of group chief risk officer in January 2018, will start in the role with immediate effect. 

Blanc had shocked the insurance world last week with her resignation from the job, with brokers curious about the reasons why she decided to leave after only nine months in role, and hopeful she will make a quick return to the industry.

However, speaking about her successor Martin, Zurich group chief executive Mario Greco said she was “perfectly suited” for Blanc’s old job. 

“She is an enthusiastic leader who combines industry expertise with the right mix of customer focus, people management and commercial experience,” he said of Martin.

“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.”

Martin joined Zurich from Swiss Re, where she had been head of life & health business management globally for the four years prior to joining Zurich.

She will continue to oversee Zurich’s group risk management for a limited period of time until Zurich finds a successor for her old job. 

The appointment of Martin is subject to regulatory approval.