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ACE announces leadership teams for company’s North American business units, effective upon completion of acquisition of Chubb


September 10, 2015   by Canadian Underwriter


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ACE Limited has announced the leadership teams it intends to appoint for the company’s North American business units, including national accounts, middle market, small commercial, personal lines, wholesale/excess and surplus lines, Bermuda and agriculture. All of the appointments will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016.

ACE also announced earlier this week the leadership teams that will have responsibility for all North American business of several major product lines, including professional lines, surety and property.

Christopher A. Maleno will serve as senior vice president of the new Chubb Group and division president, North America National Accounts

Christopher A. Maleno (pictured right) will serve as senior vice president of the new Chubb Group and division president, North America National Accounts. Currently senior vice president of ACE Group and Division President, ACE USA, Maleno will have executive operating responsibility for the retail commercial property and casualty insurance business that serves the large corporate market in the United States and Canada.

Maleno’s responsibilities will include all facets of the business including strategy, production, product development and management, and profit and loss performance, ACE said in a statement. Maleno, who has more than 25 years of insurance industry experience, will be responsible for bringing to bear all of the combined company’s products, services and capabilities to its brokerage and agency distribution partners for large corporate customers.

John Lupica will serve as vice chairman of the parent company and co-president of the North America Insurance division

Maleno will report to John Lupica (pictured left), who will serve as vice chairman of the parent company and co-president of the North America Insurance division. John Lupica is currently vice chairman of ACE Group and chairman of ACE’s Insurance — North American businesses.

Steven R. Pozzi will serve as senior vice president of the new Chubb Group and division president, North America Middle Market. Pozzi, who has more than 30 years of insurance industry experience, is currently executive vice president of Chubb and chief operating officer, Chubb Commercial Insurance, ACE noted in the statement. Pozzi will have executive operating responsibility for the retail commercial P&C insurance business that serves the middle market in the U.S. and Canada.

Pozzi will report to Dino E. Robusto, who will serve as executive vice president of the parent company and co-president of the North America Insurance division. Robusto is currently executive vice president of The Chubb Corporation and president of Chubb Commercial and Specialty Lines.

James A. Williamson will serve as vice president of the new Chubb Group and Division President, North America Retail Small Commercial

ACE also announced that James A. Williamson (pictured right) will serve as vice president of the new Chubb Group and Division President, North America Retail Small Commercial. Williamson is currently division president of ACE Private Risk Services, ACE’s high net worth personal lines business. Williamson, who has 10 years of experience in the industry, will report to Robusto.

With regard to high net worth personal lines leadership, Frances D. O’Brien will serve as senior vice president of the new Chubb Group and division president, North America Personal Insurance. O’Brien, who has 35 years of experience in the industry, is currently senior vice president, Chief Risk Officer of Chubb. “The newly integrated North America Personal Insurance organization will encompass superior product and service capabilities in order to deliver a best-in-class offering to the company’s agency distribution partners for affluent and high net worth customers,” the statement said. O’Brien will report to Robusto.

C. Scott Gunter will serve as chief operating officer of North America Personal Insurance. Currently senior vice president and chief underwriting officer of Chubb Commercial Insurance, Gunter will be responsible for a personal lines organization that includes the product management team and sales distribution managers in the field. Gunter, who has nearly 30 years of insurance industry experience, will report to O’Brien.

Regarding wholesale/excess and surplus lines leadership, Bruce L. Kessler will serve as senior vice president of the new Chubb Group and division president, North America Wholesale/Excess & Surplus Lines. Kessler is currently division president of ACE Westchester, ACE’s Excess & Surplus (E&S) specialty company in North America. Kessler, who has more than 30 years of experience in the industry, will continue to report to John Lupica.

David Lupica will serve as chief operating officer, North America Wholesale/Excess & Surplus Lines. Currently division president of ACE Commercial Risk Services, David Lupica will work in partnership with Kessler in the operation of the E&S business, the wholesale small commercial division and the North America programs business. David Lupica, who has more than 25 years of insurance industry experience, will report to Kessler.

Other announcements include:

• Joseph S. Clabby as vice president of the new Chubb Group and division president, Bermuda and Global Accounts;

• Michael J. Coleman as vice president of the new Chubb Group and division president, North America Agriculture;

• Robert C. Cox as division chairman, North America Professional Lines, and Scott A. Meyer as division president, North America Professional Lines;

• Stephen M. Haney will serve as division chairman, North America Surety, and chief underwriting officer, Global Surety.

• Richard A. Ciullo will serve as chief operating officer of North America Surety; and

• Derek Talbott will serve as division chairman, North America Property.

“We have assembled a strong line-up of leaders from both ACE and Chubb who represent the best talent in their respective fields,” said John Lupica in the statement. “This group of executives demonstrates the exceptionally deep bench of the combined company. I look forward to charting an ambitious path for product, technology, service and distribution in the North American specialty and large commercial insurance market with my current and future colleagues.”

Robusto added that the combination of ACE and Chubb creates an “unparalleled opportunity to become the carrier of choice for agents, brokers and their clients. In North America, the opportunities for middle market, small commercial and personal insurance are nothing less than game-changing.”


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1 Comment » for ACE announces leadership teams for company’s North American business units, effective upon completion of acquisition of Chubb
  1. jane doe says:

    Wow. really great to see so many woman at the top.

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