Zurich Insurance Company Ltd: The Leading Edge of Internal Audit Transformation

Established in 1872, Zurich Insurance Group runs retail and commercial businesses that offer life insurance as well as property and casualty policies across numerous global geographies and countries. ‘‘Our ambition is to build and sustain one of the most effective and career-inspiring internal audit functions in the insurance industry,’’ says Head of Group Audit Martin Studer. ‘‘That means committing to perpetual renewal and reinvention and embracing modern methods like data science to make smart, risk-based choices and enable the leaders of our business to do the same.’’

In this profile, Struder summarizes the key drivers of his internal audit team’s transformation success.