PriyaPatel
TLDR:
- Veteran insurance executive James Bracken joins Zurich North America as CFO
- Bracken brings over 25 years of financial services experience to the role
Zurich North America, a leading provider of commercial property and casualty insurance solutions and services, has appointed James Bracken as its new Chief Financial Officer (CFO). Bracken succeeds Peter Hirs, who will return to Zurich Insurance Group in Switzerland as Group Head of Mergers & Acquisitions. Bracken brings over 25 years of experience in financial services to his new role at Zurich North America. He previously served as CEO of Fortitude Re and CFO of AIG General Insurance. In his new role as CFO, Bracken will oversee Actuarial, Financial Accounting and Reporting, Corporate Tax, Treasury, Planning and Performance Management, and Finance Operations.
Additionally, Peter Hirs will transition to the role of Group Head of Mergers & Acquisitions at Zurich Insurance Group. Hirs brings a rich background with Zurich, having served in various regional CFO roles across different divisions. As Group Head of M&A, he will report to Group CFO Claudia Cordioli.
The appointments aim to strengthen the financial leadership at both Zurich North America and Zurich Insurance Group. CEO Kristof Terryn expressed gratitude towards both Bracken and Hirs for their contributions and leadership within the organization.
