Zurich UK replace CEO

Today, Zurich UK has announced the appointment of Drazen Jaksic as CEO of Zurich UK, subject to regulatory approval.

Related topics:  Zurich UK,  New Hire
Tabitha Lambie | Editor, Protection Reporter
11th December 2024
Zurich UK CEO
"Life Insurance has played a pivotal role in my career. Over the last four years, Zurich UK has grown significantly and strengthened its market position."
- Tim Bailey, exiting CEO of Zurich UK

Prior to this appointment, Drazen Jaksic served as CEO of Zurich Benelux following a promotion from Global Head of Accident & Health. In the past, he’s also worked as Senior Vice-President of Accident & Health at Chubb, Commercial Director at SBS Insurance Services Limited, Managing Director of the UK & Ireland at Assurant Solutions, and Head of Relationship Management at Prudential.

Drazen brings over three decades of experience in global insurance which has allowed him to develop extensive experience in meeting the needs of advisers, customers, and regulators alike. He said this is a “fantastic opportunity for me to continue to advance our position in the UK market. I can’t wait to get started […] there are huge opportunities for us in the market and I’m privileged to play a role in driving our future success.”

Tim Bailey will transition from CEO to CEO of Life Protection at Zurich Insurance. He will report to Cara Morton, CEO of Global Ventures at Zurich Insurance.

“Life Insurance has played a pivotal role in my career. Over the last four years, Zurich UK has grown significantly and strengthened its market position. I have been fortunate to lead an outstanding team which I’m leaving in Drazen’s excellent hands. He has everything the business needs to continue to drive it forward,” he said.

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