ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.
The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016.
As previously announced, Juan Luis Ortega will serve as senior vice president of the new Chubb Group and regional president, Asia Pacific. Ortega will report to Juan C. Andrade, executive vice president, ACE Group, Personal Lines and chief operating officer of ACE Overseas General, and who, as previously announced, will serve as executive vice president of the new Chubb Group and president of the Overseas General Insurance division.
The leaders reporting to Ortega will include:
- Paul McNamee will serve as deputy regional president and executive vice president, Commercial Property & Casualty, Asia Pacific. Currently, McNamee is deputy regional president and executive vice president, Property & Casualty, for ACE’s Asia Pacific region. Continuing to report to McNamee will be John French, who will serve as country president of Australia and New Zealand. Currently, French is country president, Australia and New Zealand, for ACE. Reporting to French and serving as senior vice president and chief operating officer for Australia and New Zealand will be Matthew Doquile. Currently, Doquile is Australia country manager for Chubb.
- Glen Browne will serve as senior vice president, Accident & Health, Asia Pacific. Currently, Browne is senior vice president, Accident & Health, for ACE’s Asia Pacific region.
- Edward Ler will serve as senior vice president, Personal Lines, Asia Pacific, and country president of Indonesia. Currently, Ler is senior vice president, Personal & Business Insurance, and country president, Indonesia, for ACE’s Asia Pacific region. Reporting to Ler and serving as senior vice president, High Net Worth, Asia Pacific, will be Greg Hicks. Currently, Hicks is Asia Pacific Zone and Australia Personal Insurance manager for Chubb.
- Kevin Bogardus will join the Asia Pacific leadership team as managing director, China. Currently, Bogardus is managing director of ACE Division at Lloyd’s China.
“The long-term growth opportunities in Asia Pacific are perhaps the greatest of any region. Our presence extends from large, developed markets to dynamic, faster-growing Southeast Asian economies, and our commercial and non-life consumer businesses serve a highly diverse customer base,” said Andrade (who will serve as executive vice president of the new Chubb Group and president of the Overseas General Insurance division).
“Reaching our potential in Asia Pacific requires strong, capable, talented and effective leaders. That’s what we are announcing…. I am confident that Juan Luis and his team, including our new colleagues from Chubb, will continue to grow and diversify our geographic footprint, product mix, and distribution channels to meet the needs of the region’s growing middle class, small businesses and large regional and global companies,” Andrade added.
“I am very excited to announce these appointments for the new Chubb Group’s Asia Pacific region,” said Ortega. “These are key leadership appointments – they each have a strong proven track record and are hands-on, results-oriented insurance professionals. I look forward to continuing to work with Paul, Glen, Edward and John and welcome Matt, Greg and Kevin to our Asia Pacific team.”
Source: ACE Group
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