Chubb Limited, a global insurance leader, has announced significant executive appointments within its North American general insurance business.
These changes are designed to drive the company’s future growth and development.
The firm is renowned as the world’s largest publicly traded property and casualty insurer, providing a broad range of services including commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients.
John Lupica, previously vice chairman of Chubb Group and president of North America insurance, has been named executive chairman.
He will leverage his vast knowledge and strategic capabilities to guide the North American insurance business, addressing major issues and providing executive oversight.
Juan Luis Ortega, formerly executive vice president of Chubb Group and president of overseas general insurance, has been appointed president of North America insurance.
Known for his exceptional leadership and consistent track record of success, Ortega will handle the executive operating responsibilities, ensuring both top and bottom-line performance.
Scott Meyer, senior vice president of Chubb Group and division president of Westchester, will take on the newly created role of chief operating officer of North America insurance.
His new role as COO will see him applying his extensive experience to support and enhance the division’s operations.
Christopher Maleno, senior vice president of Chubb Group, has also been appointed vice chairman of North America insurance. Maleno will continue his responsibilities as division president of North America field operations, reporting to Ortega.
These appointments are effective immediately, reflecting Chubb’s commitment to boosting its own market position.
Chubb CEO Evan G. Greenberg expressed confidence in the appointments, saying, “These management changes and increased responsibilities recognise the size and complexity of our North America Insurance business, along with our ambitions for its future growth and development. Chubb is the largest commercial insurer and insurer of high-net-worth individuals in the United States, and our North American business is a major company in its own right. We are bringing to bear at the top of the division an extremely strong team of experienced Chubb leaders.
Greenberg also praised each appointee’s capabilities and contributions, highlighting Lupica’s strategic acumen, Ortega’s leadership skills and track record, Meyer’s extensive experience, and Maleno’s loyalty and work ethic.
He said, “John’s strategic capabilities, command of every aspect of our business, and his leadership, professionalism and dedication are exceptional. His underwriting knowledge and insights are unparalleled.
“I am so pleased to appoint Juan Luis as President of our North American P&C franchise. I have worked with Juan for many years. In that time, he has grown to become simply an outstanding executive and insurance professional. His leadership skills and track record of success building and managing increasingly larger and more complex businesses speak for themselves. He has consistently produced outstanding financial results across our international P&C operations. Juan has earned this well-deserved recognition and my complete confidence.
“Scott is an exceptional executive and underwriter with more than three decades of experience in both retail and wholesale commercial P&C. He is a leader and people follow him. He has successfully led major divisions of our company and is now ready to apply his proven operating management skills to our entire North America Insurance business. It is a privilege for me to congratulate Scott on this significant promotion.
“I have worked with Chris for over 30 years. His sense of judgment and loyalty, combined with his talent and work ethic, are a standout example of Chubb leadership. I can think of no one more deserving of this recognition,” continued Greenberg.
John Keogh, president and chief operating officer of Chubb, added, “John, Juan Luis, Scott and Chris have been my partners at the company for nearly 20 years, and they are without doubt four of the industry’s most impressive insurance executives. Their collective experience, which is exceptionally deep and broad, represents a powerful North America management team.”
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