Ecuador RPCV James T. Brache has joined the Zurich business unit providing insurance and risk management solutions in emerging markets as an underwriter
Zurich Adds Political Risk Underwriter in Washington
SCHAUMBURG, Ill.--(BUSINESS WIRE)--July 8, 2004--James T. Brache has joined the Zurich business unit providing insurance and risk management solutions in emerging markets as an underwriter. A leading provider of political risk and medium-term trade credit insurance, Zurich develops comprehensive coverage for global customers investing and trading in developing economies around the world.
Brache, who is located in Washington, D.C., is responsible for the development of political risk insurance solutions for multinational corporations, infrastructure developers, exporters and lenders. In addition, he will work in collaboration with multilateral organizations and public agencies to advance client goals in emerging markets.
"Jamie is a great addition to our Washington team," said Daniel Riordan, executive vice president and managing director of Zurich's emerging markets unit. "His broad-based experience further strengthens Zurich's capability to provide flexible and innovative insurance solutions in emerging markets."
Prior to joining Zurich, Brache had been senior investment officer at the Environmental Enterprises Assistance Fund where he sourced, analyzed and structured debt and equity investments in environmentally focused companies in emerging markets. Brache has served at the Overseas Private Investment Corporate as Regional Manager, Asia/Middle East and Investment Insurance Officer, Latin America. He has also worked at the Inter-American Development Bank and the U.S. Department of State. Brache, who holds an MBA from Boston University and a BA from Georgetown University, served in the U.S. Peace Corps in Ecuador.
Zurich's strategic business unit offering insurance solutions in emerging markets (www.zurichna.com/politicalrisk) is based in Washington, D.C., with offices in London, Barcelona, Hong Kong and Tokyo. The unit provides political and trade credit risk solutions to financial institutions, multinational corporations, investors, exporters and infrastructure developers. Zurich is a member of the Berne Union, an international union of credit and investment insurers.
Zurich Financial Services (www.zurich.com) is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Through its offices in more than 50 countries, 62,000 Zurich employees serve clients in more than 120 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the large global corporate, middle market and small business sectors.
