Zurich Financial Services is pushing through a reorganisation plan which will see its UK life business chief executive Phil Smith leaving the firm. Smith will be replaced by three chief executives as the business is reorganised into three divisions. The direct-sales arm will be headed by former Allied Dunbar managing director Keith Baldwin. The IFA arm will be headed by former Zurich IFA managing director Jerry Grayburn. The support division will be headed by former Zurich chief operating officer Phil Hodkinson.