Income Insurance Online :: News
SHARE

Share this news item!

Zurich Welcomes Fresh Leadership in Risk Management for ANZ Region

Zurich Welcomes Fresh Leadership in Risk Management for ANZ Region

Zurich Welcomes Fresh Leadership in Risk Management for ANZ Region?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a dynamic move, Zurich Financial Services Australia has named David Wainwright as the new Chief Risk Officer for the Australia and New Zealand region.
This follows the retirement announcement of the current CRO, Jaimie Sach, a veteran with a distinguished 30-year career in the wealth management sector.

Wainwright's appointment signifies a strategic shift aimed at bolstering Zurich's risk management operations amid an evolving financial landscape. He transitions from Zurich's life insurance division in the United Kingdom, where he likewise served as Chief Risk Officer. His expansive expertise, honed through 25 years in financial services, positions Wainwright as a key asset for Zurich ANZ.

Justin Delaney, Zurich's Chief Executive, lauded Wainwright's arrival, stating, "Mr. Wainwright's international experience and strong technical and leadership skills will further strengthen our local risk management framework. We are eager to integrate his vision and expertise into our leadership team next year."

Wainwright's career is marked by prominent roles not only within Zurich UK but also at Nomura Securities, Halifax Bank of Scotland (HBOS), and HSBC Global Banking and Markets. This broad spectrum of experience underlines his ability to navigate and mitigate risk in complex financial environments.

Set to commence his new role on January 6, 2025, Wainwright will be relocating to Sydney, and will report directly to Sid Medappa, the Regional Head of Risk for the Asia Pacific (APAC) division at Zurich.

Expressing his enthusiasm for the forthcoming transition, Wainwright remarked, "I am thrilled to join the Zurich team in Australia and am dedicated to advancing our robust risk management capabilities."

As the legacy bearer of a rich 30-year career, Jaimie Sach has been steering Zurich's risk management since 2019. His departure marks the end of an illustrious chapter, paving the way for Wainwright to inject new perspectives and strategies into the ANZ regional risk operations.

This announcement underscores Zurich’s commitment to fortifying its risk management strategies in an environment increasingly characterized by financial complexities. Wainwright's appointment opens a new page in securing Zurich ANZ’s resilience and proactive risk management approach.

The source of this adaptation is an original article published by Newswire on Zurich's executive appointment.

Published:Thursday, 5th Sep 2024
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Victoria’s Apartment Defect Insurance Shift Raises the Bar for Builders
Victoria’s Apartment Defect Insurance Shift Raises the Bar for Builders
26 Jun 2026: Paige Estritori
Victoria is moving ahead with a decennial insurance framework for apartment building defects, adding another important signal that construction quality, documentation and insurability are becoming inseparable issues for builders, developers and project teams. - read more
New Draft Insurance Code Puts Motor Claim Delays in Focus
New Draft Insurance Code Puts Motor Claim Delays in Focus
25 Jun 2026: Paige Estritori
Australia’s general insurance sector is facing a proposed step-up in accountability, with the Insurance Council of Australia opening consultation on a new draft General Insurance Code of Practice on 24 June 2026. For truck owners, small fleet operators and transport businesses, the most relevant shift is not just the wording of the code, but the possibility that parts of it could become contractually enforceable for the first time, subject to ASIC approval. - read more
Income Protection Demand Rises as Australians Revisit Personal Cover
Income Protection Demand Rises as Australians Revisit Personal Cover
24 Jun 2026: Paige Estritori
New market data points to a meaningful lift in Australians taking out individual income protection insurance, suggesting more households are reassessing how they would manage financially if illness or injury interrupted their pay. - read more
Claims Delays Put Life Insurance Service Standards in Focus
Claims Delays Put Life Insurance Service Standards in Focus
24 Jun 2026: Paige Estritori
A recent sanction against an unnamed life insurer has put claims handling back under the spotlight, particularly for Australians who rely on personal insurance as a financial safety net. The Life Insurance Code Compliance Committee found that the insurer failed to request required information from claimants at the earliest available opportunity, contributing to significant delays for some customers waiting on claim decisions. - read more
Draft Insurance Code Puts Claims Standards Back in Focus
Draft Insurance Code Puts Claims Standards Back in Focus
24 Jun 2026: Paige Estritori
The Insurance Council of Australia has released a draft General Insurance Code of Practice for feedback, marking a significant step in the industry’s push to strengthen customer protections. Released on 24 June 2026, the draft is open for consultation until 21 July 2026 and is designed to make key obligations legally enforceable through insurance contracts. - read more
Click for more Insurance News


Life Insurance Articles

Finding Accidental Coverage When Comprehensive Income Protection Isn't an Option
Finding Accidental Coverage When Comprehensive Income Protection Isn't an Option
Income protection is an integral part of maintaining your financial security, especially in the event that unforeseen illnesses or injuries prevent you from working. Enabling you to receive a percentage of your regular income, this type of insurance provides a safety net, ensuring that you can continue to cover your living expenses and financial obligations whilst recovering. - read more
Combining Financial Security and Affordability: Income Protection for Australians Explained
Combining Financial Security and Affordability: Income Protection for Australians Explained
Financial security is a cornerstone of peace of mind, particularly when life is known for its unpredictability. This introductory section sheds light on the vital nature of income protection insurance and its role in safeguarding Australians' financial well-being. Ensuring continual financial inflow during times of illness or injury not only offers stability but also protects one's standard of living. - read more
Navigating Pre-existing Conditions in Income Protection Insurance
Navigating Pre-existing Conditions in Income Protection Insurance
Income protection insurance is a safeguard that provides individuals with financial stability in the event they are unable to work due to illness or injury. This type of insurance typically replaces a significant percentage of the insured's income, ensuring that their financial commitments can still be met during periods when they cannot earn an income through employment. - read more
How to Avoid Common Mistakes When Filing an Insurance Claim
How to Avoid Common Mistakes When Filing an Insurance Claim
Filing an insurance claim in Australia can be a daunting process, especially if you are not familiar with the necessary steps and requirements. Claiming insurance is crucial when you need financial support, whether due to a natural disaster, accident, or another unexpected event. - read more
5 Key Factors to Consider When Shopping for Income Protection in Australia
5 Key Factors to Consider When Shopping for Income Protection in Australia
Welcome to our comprehensive guide on securing your financial future in Australia. In a world of uncertainties, income protection insurance plays a critical role in maintaining your financial security and peace of mind. - read more

Knowledgebase
Loss Ratio:
The ratio of claims paid by an insurer to the premiums earned, used as a measure of profitability.

Quick Links: | Income Insurance | Income Protection Insurance | Income Insurance For Self-employed | Income Insurance Quotes | Best Income Insurance Australia | Income Insurance For Employees | Income Insurance Comparison | Income Protection For Contractors | Temporary Income Protection | Income Replacement Insurance | Income Protection Policy
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.