Global insurer Chubb announced that Scott Meyer will succeed retiring Bruce Kessler as senior vice president, Chubb Group and division president of Westchester, the company’s wholesale and excess and surplus lines insurance business.
As division president of Westchester, Meyer will have executive operating responsibility for the commercial property/casualty insurance business that serves the wholesale and excess and surplus (E&S) lines market, in the U.S. and Canada, through its brokerage, binding, and programs segments.
Kessler, who will be retiring at the end of the year, will assume the role of chairman of Westchester, where he will remain active in the business and focus on key industry issues, strategic planning, and as a senior advisor to Meyer during the transition.
In addition, the company announced Steven Goldman as successor to Meyer as vice president, Chubb Group and division president, North America Financial Lines. In this capacity, he will have executive oversight of Chubb’s management and professional liability lines of business, which spans public, private, not-for-profit, and financial institution directors and officers coverages, transactional risk, as well as its errors and omissions and cyber products.
Meyer’s and Goldman’s responsibilities will include oversight of strategy, product and business development, underwriting operations, and profit and loss performance for their respective divisions. They will report to John Lupica, vice chairman, Chubb Group, president, North America Major Accounts and Specialty Insurance.
Meyer has 30 years of underwriting and risk management experience in professional lines. He joined Chubb in 2008 as executive vice president, Professional Risk, ACE USA, and was promoted to division president of Professional Risk, ACE USA in 2012, and subsequently named division president of North America Financial Lines after ACE’s acquisition of Chubb in 2016.
Goldman has nearly 20 years of underwriting and risk management experience and is a lawyer with a graduate degree in taxation. Prior to this new role, he served as executive vice president, Financial Lines, Chubb Overseas General, the company’s international general insurance business with operations in over 50 countries, where he oversaw Chubb’s international financial lines division including directors and officers liability, financial institutions, errors and omissions, transactional risk and cyber risk businesses. He joined the company in 2008, as a senior vice president, on the ACE Professional Risk team at ACE USA, leading the U.S. Financial Institutions business.
Prior to ACE’s acquisition of Chubb in January 2016, Kessler was division president of ACE Westchester. He was appointed senior vice president, ACE Group, in March 2014. Kessler has 30 years of insurance industry experience. He joined ACE in 2000 and has held a variety of leadership positions with the company, including division president, Casualty and Specialty Lines, ACE Westchester; executive vice president and chief underwriting officer for Insurance –North America; and senior vice president of ACE Tempest Re USA, the company’s Stamford, Conn.-based reinsurance company. He has also held senior underwriting positions with American Re-Insurance Co., NAC Reinsurance Co. and General Reinsurance Co.
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