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Zurich Insurance Company appoints Michael Morgan as Regional Manager, Global Energy in the Middle East

United Arab Emirates: Monday, November 02 - 2009 @ 09:43

Mike’s key responsibilities will include the development, management and growth of a dedicated team of professionals to provide comprehensive risk solutions, risk engineering services and claims support to the multi-cultural needs of customers comprising the Middle East oil, gas, petrochemical, power generation and related energy industries.

Prior to joining Zurich Insurance Company Ltd, Mike spent two years with Infrassure Ltd in Switzerland as an Underwriting and Claims Manager in their Oil, Gas & Petrochemical team dealing with Middle East business. Preceding that, Mike spent nearly six years in Calgary, Canada and before that nearly twelve years in the Middle East, in Riyadh and Al Khobar in Saudi Arabia and in Dubai, UAE and Kuwait. Mike began his insurance career in the City of London having completed studies in Engineering Technology.

The appointment underlines ZIC’s commitment to employing experienced industry experts to spearhead each specific sector of its business. Mike will report to Saad Mered, Chief Executive Officer, Zurich Middle East and to the President of Global Energy, Rick Gibbons. He will also share a close working relationship with Alfredo Alfonso, Chief Underwriting Officer of Zurich Middle East.

Saad Mered, Chief Executive Officer (“CEO”) of Zurich Middle East, the business unit responsible for driving ZIC’s activities in the region, said:

“Working from the recently established Global Corporate hub in Dubai, Mike will bring strong leadership, innovation and the highest standards of service to meet the demanding needs of our customers and trading business partners in what is a truly vibrant and dynamic market. We are delighted to welcome Mike to the team and wish him every success.”

Rick Gibbons, President of Global Energy said, “”We are very excited to have Mike join our team. With Mike based in the region we will be well positioned to deliver the combination of Zurich Global Corporate’s customer centric approach and the technical expertise and experience of our Global Energy team to our clients in the local marketplace.”

Mike brings over twenty-five years of energy and technical / engineering insurance experience to the role including underwriting, risk engineering and claims. He has extensive experience of onshore and offshore energy risks – both upstream and downstream, construction and builders’ risks, onshore and offshore drilling, refining and petrochemical risks, power generation and transmission, mining and other utilities; from both an insurance and reinsurance perspective.

Mike Morgan, Regional Manager, Global Energy, GCiME, said: “The lifeblood of this region is the energy sector, with many companies involved and influenced by this market. I will be looking to ensure that ZIC is the first place people go to for their energy risk solutions.

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Monday, November 2- 2009 @ 9:43 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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