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Zurich appoints new head of Surety for North America operations

Zurich Financial Services Group has promoted Michael Bond as head of Surety for Zurich's North America operations.

Prior to assuming his new role, he was head of International Surety, Credit & Political Risk, where he helped oversee the expansion of Zurich’s Surety business into emerging markets in Asia and Latin America. In his 12 years with Zurich, Bond has had responsibility for numerous markets and products, globally.

Zurich has also appointed Geoff Delisio to the newly created role of head of Contract Surety, overseeing regional operations. Delisio joined Zurich in 2007 from Liberty Mutual with industry and underwriting experience.

Jim Carroll, who will lead the West and Canada Region, Tom McClellan, who will lead the Eastern region and Dave McVicker, who is promoted from his role as an underwriting manager in international surety to lead the central region will report to Delisio.

Brian Hodges has been appointed head of the Surety Underwriting Center of Excellence (Domestic and International). Hodges, who joined Zurich in 1995, has served as a senior underwriting officer, Surety, for the past four years.

In this role, Hodges was responsible for underwriting oversight of the commercial surety business in the Southeast, Southwest, Mid-Atlantic and Northeast regions.

Zurich said Ted Martinez will continue in his role as head of Commercial Surety, which he has led since joining Zurich in 2001. Sean McGroarty will continue in his role as head of International Surety, a role he has held since he joined Zurich in April 2009 from Liberty Mutual.

Zurich North America Commercial president of Specialty Products Daniel Riordan with this distinguished team in place and support from more than 165 underwriters, each with an average of 21 years experience in the industry, Zurich will continue to provide industry-leading specialty solutions, products, and services to our customers."