Appoints Josh
Cowen Senior Vice President, International Transactional
Risk
WHITEHOUSE STATION, N.J. and
LONDON, March 18, 2024 /PRNewswire/ -- Chubb today
announced the launch of a global transactional risk platform to
provide transactional risk liability insurance products across
international markets. Chubb has appointed Josh Cowen as Senior Vice President,
International Transactional Risk to lead this initiative from
London. Cowen, a seasoned mergers
and acquisition (M&A) risk insurance professional, will be
responsible for leading a team of underwriters focused on warranty
and indemnity, tax and contingent liability products in
jurisdictions outside of North
America.
Chubb's existing North America
business will be enhanced, with the addition of Cowen in
London. The global transactional
risk platform will be focused on meeting the needs of broker
partners and clients who require a global presence and operating
footprint to support their global M&A transactions. The
platform will operate globally with one leadership team led by
Edward Markovich, Executive Vice
President, Chubb Transactional Risk, and will utilize a coordinated
and consistent strategy and approach to underwriting.
"Chubb is positioned to support our broker partners and clients
with transactional risk solutions in jurisdictions across the world
with our new international business lead," said Markovich. "Josh's
deep understanding of transactional risk underwriting, and
leadership experience sourcing and leading M&A insurance
placements will complement our goal to grow our transactional risk
practice as a global platform."
Cowen will report to Lance
Fraser, Senior Vice President, Chubb Transactional Risk.
Cowen joins Chubb with nearly 15 years of transaction risk
experience. Previously, he held senior management roles overseeing
M&A underwriting at several marquee insurance brands. Josh is a
qualified solicitor for England
and Wales and practiced as a
corporate lawyer for a leading London-based law firm prior to his move into
M&A insurance underwriting. He attended the University of
Leeds where he received a Bachelor
of Arts degree in Business Commerce and later attended the BPP Law
School receiving his Graduate Diploma in Law (GDL) and Legal
Practice Course (LPC).
About Chubb
Chubb is a world leader in insurance. With
operations in 54 countries and territories, Chubb provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. As an underwriting
company, we assess, assume and manage risk with insight and
discipline. We service and pay our claims fairly and promptly. The
company is also defined by its extensive product and service
offerings, broad distribution capabilities, exceptional financial
strength and local operations globally. Parent company Chubb
Limited is listed on the New York Stock Exchange (NYSE: CB) and is
a component of the S&P 500 index. Chubb maintains
executive offices in Zurich,
New York, London, Paris
and other locations, and employs approximately 40,000 people
worldwide. Additional information can be found at:
www.chubb.com.
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