Global insurance broker Hub International reported that Michael Chapman has been named national director of Commercial Markets. Chapman will also retain his current role as president of the Hub South region.
As Hub’s first-ever national director of Commercial Markets, Chapman will be responsible for claims best practices, product development, special projects, carrier management and mergers and acquisitions as they relate to the commercial middle market business segment in Hub’s key specialty industries and emerging segments. He will work with Hub’s specialty leaders, M&A team, marketing, IT and sales.
Chapman began his career as a highly-protected risk (HPR) field engineer with Kemper Insurance in 1986 in Boston. In 1991, he moved to Fireman’s Fund to help create the Fireman’s Fund HPR department and in 1995 became the Boston branch manager of Fireman’s Fund. In 1997, Chapman became the national branch marketing manager for Lexington Insurance Co.
In 1998, he joined C.J. McCarthy Agency in Massachusetts, which was acquired by Hub in 2000. He was the chief sales officer of Hub New England for 10 years before relocating to Charleston, S.C. Chapman also serves on Hub’s executive management team, as well as being a member of the Steering and Operations committees.
Marc Cohen, Hub president and CEO, noted that the commercial middle market makes up approximately 45% of HUB’s total revenues.
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