Property and casualty insurance company Chubb has promoted Raimund Navakas to executive vice president of its Overseas General Insurance division based in New York.
In this role, Navakas will continue to lead the division’s risk engineering practice and will be responsible for supporting the international property and casualty business with oversight, technical research, risk engineering product development and Chubb’s Loss Control University fire lab. Navakas will continue to report to David Furby, division president of commercial property and casualty for the Overseas General Insurance division, and Joseph S. Clabby, division president of the Bermuda and global accounts.
Prior to ACE’s acquisition of Chubb in January 2016, Navakas relocated from Australia to the U.S. to serve as senior vice president of global property engineering at the firm. He originally joined ACE in 2009 in its Sydney office as Asia Pacific regional risk engineering manager. Prior to that, he worked as the director of casualty risk engineering for a global insurance company and served as an engineering officer in the Royal Australian Navy.
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