Zurich has appointed Drazen Jaksic as UK CEO to replace Tim Bailey, who will lead the group’s newly established global Life Protection business.
Jaksic joined Zurich in 2019 and previously held the positions of CEO of Zurich Benelux and global head of Accident and Health, Commercial Insurance.
Prior to that, he was senior vice president of Accident and Health at Chubb Europe. Jaksic has over three decades of experience in the global insurance and finance sectors, covering both P&C and life.
Bailey will now become CEO of Life Protection at Zurich, and report to Cara Morton, CEO of Global Ventures.
Alison Martin, CEO EMEA and Bank Distribution says: “We are delighted to have a leader of Drazen’s calibre at the helm of Zurich UK, one of Zurich’s key markets. Drazen has made a significant impact since joining Zurich, and we look forward to seeing him continue this success at Zurich UK.”
Jaksic adds: “This is a fantastic opportunity for me to continue to advance our position in the UK market. I cannot wait to get started, it is clearly a very talented leadership team and a strong business unit."
Commenting on his appointment, Bailey states: "Life insurance has played a pivotal role in my career. The opportunity to build and lead a new global business and establish Zurich as a world leader in this space is exciting.”
