Homesite Insurance Co., a Boston-based property insurer, appointed Chubb veteran Andrew McElwee Jr. as executive vice president and chief underwriting officer. In this position, he will be part of Homesite’s executive management team and will be responsible for the underwriting profit of Homesite’s personal lines portfolio.
Most recently McElwee was the chief operating officer of Chubb Personal Insurance. During his 25 years with Chubb, he also managed international field operations as well as mergers and acquisitions. Prior to Chubb, he held positions at Morgan Stanley and Dewey & LeBoeuf.
Founded in 1997, Homesite is a national, full-service property insurer focused exclusively on the homeowners, condominium and renters markets, writing policies in 47 states and the District of Columbia. Homesite markets products through partnerships with providers of financial products which are sold either on a private-label basis or under the Homesite brand.
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