Zurich's withdrawal from the group life arena flagged in May appears closer to completion with confirmation that the company's general manager, group risk, Phil Collins, has left the business.
Collins, who joined Zurich nearly five years' ago with a team from Industry Underwriting Services (IUS), is understood to have departed the insurer earlier this month.
Zurich announced in early May that it had been priced out of the Australian group life space and intended withdrawing from the market.
At that time, the chief executive of Zurich's Australia Life and Investments business, Colin Morgan, said the decision had been taken following a lengthy review.
