Zurich appoints Raul Vargas CEO of Farmers Group

Written by Adam Cadle

06/10/2022

Zurich has announced today that Raul Vargas has been appointed CEO of Farmers Group, a wholly owned subsidiary, and as a member of the Zurich Group Executive Committee.

Vargas is currently president of distribution, life and financial services for Farmers Group. He oversees the sales and distribution activities, in addition to Farmers New World Life and Farmers Financial Solutions. Vargas has more than two decades of international leadership experience across Latin America and Europe. His extensive career with Zurich includes eight years as CEO of Zurich Santander Insurance America.

“Vargas is an outstanding leader and an excellent fit for the role,” said Mario Greco, Zurich Group CEO. “He has a strong track record growing one of our largest retail businesses by delivering product innovations and optimising distribution, while improving the experience of customers.”

He succeeds Jeff Dailey, who joined Farmers Group, in 2007 and became CEO in 2012. Dailey will continue as chairman of the Farmers Group.

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