“It’s a wonderful world”
“It’s a wonderful world”, said Zurich CEO Mario Greco on Bloomberg TV. Greco, who took over in March, is optimistic about the future and the role technology plays in bringing insurers and customers closer together. Here’s what he had to say. On M&A: Zurich is in the market but M&A isn’t a requirement. On the industry: business must change completely. The name of the game is simplification. On Zurich: we are a strong company. “Business has become very, very complicated over the last years and I’m trying to slim it down and make it simple again”. On Donald Trump: definitely a big change. Huuuge. Bottom Line: Greco doesn’t anticipate job cuts, plans to cut costs by $1.5 billion from 2015 through 2019 and seeks new retail partnerships. March to victory.