About Us | Zurich Group creates 240 jobs in Ireland
Zurich, which has a long-standing presence in Ireland, has been on a 2 year recruitment drive since the end of 2008 involving the creation of 240 new jobs by the end of 2010. This will bring the total number employed by the company in Ireland to 1,100.
Already, 120 of the jobs have been filled through a new business centre in Wexford. The balance of jobs are being filled in two of the company's European centres in Dublin.
Minister for Enterprise, Trade and Innovation, Batt O'Keeffe T.D welcomed Martin Senn, CEO of Zurich Financial Services Group (Zurich) to Ireland, noting: 'World-leader Zurich has chosen Ireland as the European centre for its strategically important operations - a strong endorsement of our highly educated and flexible workforce in the financial services sector.
'The creation of 240 positions which will all be filled by the end of the year demonstrates Zurich's commitment to growth in Ireland and reaffirms the Government's confidence in our ability to recover from recession,' said Minister O'Keeffe.
Markus Hongler, CEO Zurich Insurance plc and Chairman Zurich Life Assurance plc said:
"Zurich considered a number of options and Ireland best met our requirements because of its long-standing membership of the EU and the Euro, a well developed insurance market and a highly educated and skilled workforce. These factors continue to underpin our success and drive our business forward both in Ireland and across Europe."
The key European developments for Zurich in Ireland are:
• Zurich Insurance plc (General Insurance)
Zurich Insurance plc (ZIP) is headquartered in the IFSC (Dublin) and is Zurich's main insurance risk carrier for the majority of its EU general insurance business.
Zurich Insurance plc operates both within Ireland and across the EU with branches in the UK, France, Netherlands, Belgium, Denmark, Norway, Sweden, Finland, Spain, Portugal and Italy. ZIP plans to expand its operations with the transfer of additional business from Germany, making it the largest General Insurance entity in the EU, based in Ireland. ZIP will employ 60 people by the end 2010.
• Zurich Global Life European Hub (Life Insurance)
In 2009 Zurich established a European manufacturing and servicing hub in Blackrock, Co. Dublin to develop cross-border life products for a range of European markets. The European Hub is already manufacturing products for Ireland, Italy, Germany and UK markets.
Since 2009 it has filled 35 skilled jobs with 25 additional roles to be filled in 2010.
Zurich Group
Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries.
Zurich General Insurance Ireland
Zurich Insurance Offers a wide range of products, from Private Motor and Home Insurance to Engineering and Commercial Property Insurance. Winner of KPMG Non-Life Insurance Excellence Award for two years running - 2007 and 2008.
Zurich Life Ireland
Zurich Life offers a full range of Pension, Investment and Protection products. Acknowledged leader in Pensions Market - funds under management of approx. €9.8 billion, of which pension assets amount to €5.7 billion. Transforming to leverage operational and online capabilities as a major hub for Zurich Global Life's European business.
For further information:
Media contacts:
Zurich -
Helen McIver, European Communications Manager, Zurich
Tel: +353 (01) 209 2117 begin_of_the_skype_highlighting +353 (01) 209 2117 end_of_the_skype_highlighting Email: Helen.McIver@zurich.ie
Department of Enterprise, Trade and Innovation -
Bernard Mallee, Adviser to Minister Batt O'Keeffe TD, Tel: +353 1 631 3944
IDA Ireland -
Gillian Lawless, Media & PR, Tel : +353 1 603 4095
http://www.zurich.ie/careers/default.html
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