Cunningham has been responsible for underwriting and business development of customised insurance solutions for Zurich customers since 2005.
He specialises in developing non-traditional programmes covering diverse risks, and in designing programmes that can incorporate these risks on a cost-effective basis.
Previously, Cunningham served as vice president at AIG Risk Finance, specialising in alternative risk transfer programmes.
Commenting on his appointment, Cunningham said: “Zurich has long been a leader in this area, and I look forward to making sure we continue to provide valuable captive services for our customers.”
In March, Steve Bauman departed Zurich as vice president and head of captive services.
He had joined the company in 2007, and was responsible for helping customers with captive insurers integrate their captives into their insurance strategies.
Bauman joined XL Catlin in May, as head of global programmes and its captive practice in North America.