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:

Insurance News

Hutch Underwriting's New Landlord Insurance Policy Integrates Cyber Protection
Hutch Underwriting's New Landlord Insurance Policy Integrates Cyber Protection
20 Apr 2026: Paige Estritori
In August 2025, Hutch Underwriting unveiled a new landlord insurance product tailored for Australian residential property owners. This policy stands out by incorporating built-in cyber protection, addressing the growing digital risks landlords face in today's interconnected world. - read more
Cohabit Unveils Innovative Digital Strata Insurance Solution
Cohabit Unveils Innovative Digital Strata Insurance Solution
20 Apr 2026: Paige Estritori
In a significant advancement for the strata insurance sector, insurtech company Cohabit has launched a digital platform designed to streamline the insurance process for strata schemes. This innovative solution enables property owners and strata managers to review and compare insurance options tailored to their specific buildings, fostering informed decision-making and enhanced transparency. - read more
Suncorp Strategically Reclassifies Strata Insurance to Drive Growth
Suncorp Strategically Reclassifies Strata Insurance to Drive Growth
20 Apr 2026: Paige Estritori
Suncorp, a leading Australian insurer, has announced a strategic reclassification of its strata insurance business from consumer to commercial, signaling a concerted effort to expand its footprint in the strata insurance market. This move aligns with the company's broader strategy to enhance its commercial insurance offerings and leverage synergies within its portfolio. - read more
Consumer Advocates Support Proposed Ban on Strata Insurance Commissions
Consumer Advocates Support Proposed Ban on Strata Insurance Commissions
20 Apr 2026: Paige Estritori
Consumer advocacy groups have expressed strong support for the New South Wales (NSW) Productivity and Equality Commission's recent recommendation to prohibit commission payments for strata managers and insurance brokers within the strata sector. This proposed reform is seen as a critical step toward enhancing transparency and safeguarding the interests of property owners. - read more
Insurance Council Calls for Reforms to Support Small Business Resilience
Insurance Council Calls for Reforms to Support Small Business Resilience
20 Apr 2026: Paige Estritori
In February 2026, the Insurance Council of Australia (ICA) submitted four proposals to the Parliamentary Joint Committee's inquiry into small business insurance, highlighting the urgent need for reforms to enhance the resilience of Australia's 2.5 million small businesses. These enterprises, which employ nearly half of the private sector workforce, are increasingly burdened by escalating insurance premiums driven by extreme weather events, inflation, and complex regulatory requirements. - read more
Click for more Insurance News


Life Insurance Articles

Income Protection Insurance: A Lifeline for Freelancers and Contractors
Income Protection Insurance: A Lifeline for Freelancers and Contractors
In today's dynamic gig economy, freelancers and contractors are an essential part of Australia's workforce. Choosing flexibility and autonomy over traditional roles, these professionals enjoy the freedom to manage their schedules and select projects that align closely with their interests. However, this lifestyle brings unique challenges, especially regarding financial security. - read more
Income Protection Insurance and Tax Benefits: What You Should Know
Income Protection Insurance and Tax Benefits: What You Should Know
Income protection insurance is a type of cover designed to provide you with a safety net if you are unable to work due to illness or injury. By offering regular payments that replace a portion of your income, it helps ensure that you can maintain your lifestyle and cover essential expenses during challenging times. - read more
Deciphering Your Policy: A Beginner's Guide to Insurance Terminology
Deciphering Your Policy: A Beginner's Guide to Insurance Terminology
Welcome to the world of insurance – a domain where words like 'deductible' and 'premium' can significantly impact your financial protection and peace of mind. As a beginner, grasping the basics of insurance terminology is the first step towards making informed decisions about the policies that safeguard your assets and future. In this guide, we will embark on a journey through the language of insurance, which can often seem as complex as the policies themselves. - read more
How to Compare Income Protection Insurance for Self-Employed Australians
How to Compare Income Protection Insurance for Self-Employed Australians
For self-employed Australians, the financial stability provided by consistent income is the backbone of both personal and business success. Unlike traditional employees, who might have access to sick leave or employer-sponsored disability benefits, self-employed individuals are solely responsible for their financial security in the event of illness or injury. This is where income protection insurance steps in as a crucial safeguard. - read more
Income Protection Insurance: Understanding Waiting Periods and Benefit Periods
Income Protection Insurance: Understanding Waiting Periods and Benefit Periods
Income protection insurance is a financial product designed to support individuals in the event that they are unable to work due to illness or injury. This type of insurance provides a regular income, helping to replace a portion of lost earnings and meet daily living expenses. Virtually anyone earning an income, especially those with financial dependents or significant debts, should consider the peace of mind that income protection can offer. - read more

Knowledgebase
Loss of Use:
Insurance coverage that pays for the additional living expenses if your home is uninhabitable due to a covered loss.

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.