Daniel Riordan will assume the role of president of Zurich’s (www.zurichna.com) North America Commercial Specialties business unit, effective immediately. Riordan currently serves as head of Zurich's Surety, Credit and Political Risk group and will be in charge of both units until a replacement is named.
"Our specialties business is an important component of Zurich in North America's overall portfolio of customer-focused products and services. We are confident Dan will be a strong leader of the specialties business unit team, as well as a key addition to the Zurich North America Commercial senior staff and Global Specialties leadership team," said Mike Foley, CEO of Zurich North America Commercial. “He has a proven track record of successfully growing each business he has led at Zurich, and I look to him to continue this success with specialties."
Steve Wilson, Global Specialties leader added, “The North American Specialties operation has some of the largest specialty line portfolios in the Zurich organization, and Dan’s strong U.S. and international experience ideally positions him for this role.”
"It is a great honor being named to this position," Riordan said. "I look forward to building on the robust success of the specialties business unit."
Prior to joining Zurich, Riordan was a senior executive and vice president for insurance with the Overseas Private Investment Corporation (OPIC), managing OPIC’s $13 billion portfolio of long-term investment risks in 75 developing countries. Riordan is a member of the Management Committee of the Berne Union and a board member of the U.S.-Russia Business Council. He is also a member of the Institute of International Finance, the Institute for International Economics and is on the board of the Surety and Fidelity Association of American (SFAA).
Riordan is a graduate of the State University of New York at Oswego, and earned a masters’ degree in international development from the School of International Service at American University, Washington, D.C.
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