Chubb has named Matt Booker, as senior vice president, Major Accounts Property, in the United States. In this capacity, he will have responsibility for underwriting, strategy, production, product development, management, and profit and loss performance for Chubb’s retail commercial large accounts property insurance business, which focuses on the risk transfer and fronting needs of domestic and multinational clients based in the United States.
Booker succeeds Brian Church, who was recently appointed head of International Property for Chubb’s overseas general business. He oversees all of Chubb’s retail commercial property insurance business throughout Asia, Latin America, Europe, the Middle East and Africa.
Booker reports to Derek Talbott, division chairman of Chubb’s North America Property.
Booker has 15 years of insurance experience, with seven years spent at Chubb. Prior to this new appointment, he served as a senior vice president and New York and Mid-Atlantic regional property underwriting manager. Earlier in his career, Booker held a number of positions at Munich Re, including as a senior property underwriter/team leader in London, where he led a small team handling property insurance for Fortune 5,000 companies in the UK, Africa, the Middle East, parts of Asia, and Australia; as well as a property underwriter in Germany, focusing on North American property business. Booker started his property underwriting career with XL Insurance in New York.
Chubb’s Major Accounts Property division provides significant risk and catastrophe capacity and specialized fronting and captive products to large multinational customers. The unit distributes its core property products through retail partners across the country.
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