Chubb Taps Leaders for North America and Global Underwriting, Claims
Chubb Ltd. named John Lupica, currently vice chairman of Chubb Group and president, North America major accounts and specialty insurance, as president, North America Insurance. It is the company's largest division.
Lupica was to transition to his new role Sept. 1 and has executive responsibility for all Chubb general insurance business in the United States, Canada and Bermuda including commercial P/C, personal lines, agriculture, and accident-and-health insurance, according to a company statement.
His responsibility will include all products, underwriting, marketing and sales, claims, actuarial and support functions related to these business lines.
Also, Chubb Ltd. named Paul Krump, currently executive vice president of Chubb Group and president, North America commercial and personal insurance, to the newly created role of vice chairman, global underwriting and claims.
Krump also was to transition to his new role on Sept. 1 and will oversee high-level underwriting policy and standards-setting, and provide operational direction and oversight in underwriting across Chubb's property/casualty insurance product lines.
In partnership with the presidents of the company's North American and international P/C operations, Krump will share accountability for underwriting standards and the profitability of the P/C books of business.
Krump will also retain his current senior executive responsibility for global claims and risk engineering for the company.