Former Prime Minister Tony Blair has signed an advisory agreement with Zurich Financial Services to provide guidance on international politics.
As part of the agreement Blair, who recently signed up to advise JP Morgan for £2.52m per year, will advise Zurich’s chief executive officer James Schiro and provide general guidance on developments and trends in the international political environment.
Blair will advise and collaborate with Zurich on its climate initiative announced last week and will work closely with its newly launched climate change advisory council.
Tony Blair said: “I am very pleased to be taking on this role advising Zurich and in particular supporting its Climate Initiative. There is a consensus now that the challenge of climate change is real, and what we need now are the policy solutions to turn that concern into action. That’s why Zurich’s work to look at how business, and in particular the insurance sector, can play its part is so crucial, and why I welcome the chance to help them with it.’
Schiro says: “We are excited about the considerable expertise and experience that Tony Blair brings to Zurich’s Group management in his role as strategic advisor. ‘His appointment sits alongside other initiatives where Zurich has partnered with external thought leaders to challenge and enhance our operational and strategic thinking. We are particularly pleased with the input he will be able to provide to our recently launched Climate Initiative.’