Raul Vargas has been appointed to the post of managing director of the American subsidiary of the insurance group.
The insurer Zurich Insurance has appointed Raul Vargas as managing director of its American subsidiary Farmers Group. On January 1, he will replace Jeff Dailey, who will retire following 11 years of service.
Mr. Dailey, on the other hand, retains the chairmanship of the board of directors, the Zurich group announced on Wednesday in a press release. Mr. Vargas also joins the general management of Zurich Insurance.
The future boss is currently president in charge of the distribution of life activities and financial services of Farmers Group.