Economy
Zurich Financial Services CFO joins Ernst & Young Print E-mail
Tuesday, 03 June 2008
Mick Summersgill has joined Ernst & Young as a director in the recently created dedicated insurance run-off team.

He joins from Zurich Financial Services where he was the chief financial officer for discontinued operations in the UK.

Summersgill will be instrumental in developing the team’s strategic restructuring proposition as well as driving forward delivery of restructuring and exit solutions for legacy insurance business.

He brings a wealth of significant experience to his new role. At Zurich, he assisted the chief executive officer of discontinued operations in managing the run-off portfolios of both Zurich Specialities London Limited and Eagle Star Insurance Company Limited and its subsidiaries.

These represent one of the largest run-off portfolios currently under management in the UK (re)insurance market.

Summersgill is a fellow of the Association of Chartered Certified Accountants and is qualified in insolvency. Prior to Zurich, he worked in the insurance solutions team at KPMG.

Kevin Gill, lead partner in the Ernst & Young insurance run-off team, said, “Mick joins the team at such an important point in its development. His experience across industry and in practice is invaluable to us and our clients.

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