Zurich Insurance Group AG announced the appointment of Gary Shaughnessy, to the position of CEO Global Life and a member of the Group Executive Committee, effective January 1, 2016. He succeeds Kristof Terryn who was appointed CEO General Insurance, effective October 1, 2015. Shaughnessy has been CEO of Zurich UK Life since June 2012.

In 2014, he assumed the additional role of Country Head for Zurich in the UK, and he is currently CEO Global Life EMEA ad interim. Prior to joining Zurich, Shaughnessy was at Fidelity Worldwide Investment where he was managing director, UK defined contribution and retail business.