2010.03.15: Zurich North America Commercial's Specialties business unit names Honduras RPCV Michael Bond to lead its Surety, Credit & Political Risk group

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Zurich North America Commercial's Specialties business unit names Honduras RPCV Michael Bond to lead its Surety, Credit & Political Risk group

Zurich North America Commercial's Specialties business unit names Honduras RPCV Michael Bond to lead its Surety, Credit & Political Risk group

Prior to joining Zurich, Bond was a senior insurance officer at Overseas Private Investment Corporation (OPIC), underwriting political risk insurance coverage for projects in a variety of industrial sectors. Previously, he worked as a municipal development advisor with the U.S. Peace Corps in Honduras and as a project manager with Law Environmental in Atlanta, Ga.

Zurich North America Commercial's Specialties business unit names Honduras RPCV Michael Bond to lead its Surety, Credit & Political Risk group

Zurich Surety, Credit & Political Risk Announces New Leadership

March 15, 2010

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Zurich North America Commercial's Specialties business unit today named David Hewett and Michael Bond to lead its Surety, Credit & Political Risk group. Hewett and Bond will lead the integrated unit that develops and markets Zurich's portfolio of surety, credit insurance and political risk insurance products to contractors, Fortune 2,000 businesses, investors, international banks, multinational companies and infrastructure developers across North America and in emerging markets worldwide.

[Excerpt]

Bond will be responsible for management of Zurich's Trade Credit insurance, Political Risk insurance and International Surety business.

Bond was formerly senior vice president, International Surety, focusing on the expansion of Zurich North America Commercial's International Surety initiative. Bond joined Zurich in 1998 as a senior underwriter for Trade Credit and Political Risk business in emerging markets. He has held positions of increasing responsibility including vice president for the group in Continental Europe. In 2005 he was named senior vice president and chief operating officer of the group.

Prior to joining Zurich, Bond was a senior insurance officer at Overseas Private Investment Corporation (OPIC), underwriting political risk insurance coverage for projects in a variety of industrial sectors. Previously, he worked as a municipal development advisor with the U.S. Peace Corps in Honduras and as a project manager with Law Environmental in Atlanta, Ga.

Bond holds a B.S. from Rutgers University, an M.S. from the Georgia Institute of Technology and an M.B.A. from Loyola College.

Hewett and Bond replace Daniel Riordan, who served as head of Zurich's Surety, Credit & Political Risk group until earlier this year, when he was named president of Zurich North America Commercial's Specialties business unit.

Riordan said, "David and Mike bring unsurpassed experience and knowledge to the business. Over the past years they have expanded Zurich's footprint in Surety, Credit & Political Risk in North America and worldwide, developing strong relationships focused on our customers' needs."




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This story has been posted in the following forums: : Headlines; COS - Honduras; Business

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