Chubb News

People Moves: Chubb Names Spitzer Treasurer, Harkin CFO North America; Arch Re Fac Promotes Hernandez, Others as CEO Vivian Retires

Chubb Names Spitzer Treasurer; Harkin Appointed CFO for North America Insurance Chubb Ltd. announced that Drew Spitzer has been appointed treasurer of the company. Currently, Spitzer serves as chief financial officer for North America Insurance. In his new role, he …

Insurer Need Not Defend Drug Chain in Opioid Suits Claiming Economic, Not Personal, Injury

In the latest turn in litigation over the opioid crisis, a state’s high court has found an insurer does not need to pay defense costs under a commercial general liability policy for a pharmacy chain facing public nuisance lawsuits. The …

People Moves: Chubb Names O’Brien to Global Risk, Robic to Division President Posts; Zurich Appoints Way as Sustainability Chief

Chubb Limited announced that Fran O’Brien has been appointed deputy chief risk officer. Currently senior vice president, Chubb Group and division president, North America Personal Risk Services, O’Brien in her new global role will help support all Chubb’s enterprise risk …

WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W

This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural Resources Australasia Insurance broker Willis Towers Watson has appointed …

Chubb and Chile Insurtech Betterfly Form Partnership for LatAm Offering

Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies seek to tap into under-served Latin American markets. The partnership will focus on reaching 100 million people by 2025 and …

Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help

Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president, Cyber & Technology Practice Leader, Chubb Global Risk Advisors, …

Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial Lines, Respectively; Hiscox Hires Hartford’s Pearsall as Line U/W for D&O

This edition of International People Moves, covers two promotions at Chubb and a new hire at Hiscox. A summary of these appointments follows here. Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial Lines, Respectively Chubb announced two …

People Moves: Chubb Promotes Walker to Head of Aerospace; Fidelis Names Stewart, Davern as Co-Deputy CUOs, Bellamy as Head of Property Reinsurance

This edition of International People Moves details promotions at the insurers Chubb and Fidelis Insurance. A summary of these new hires follows here. Chubb Promotes Walker to Head of Aerospace Chubb announced the promotion of Emma Walker as head of …

As Strikes, Riots and Civil Commotion Risks Increase, Insurers Respond With Exclusions

Insurers traditionally have offered protection against strikes, riots and civil commotion (SRCC) at no extra cost, but the increased frequency and severity of these risks means property insurers have begun excluding events of social unrest from policies, according to a …

Government Can and Should Help Reduce Cyber-Security Risks: ITC Highlights

It’s no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions to help reduce risk and stabilize the market, a former federal official and industry CEO argued separately at ITC Vegas …