Chris Maleno
appointed Vice Chairman, North America Insurance
ZURICH, July 9, 2024
/PRNewswire/ -- Chubb Limited (NYSE: CB) today announced several
executive appointments to its North American general insurance
business. John Lupica, Vice
Chairman, Chubb Group and President,
North America Insurance, has been named Executive Chairman.
Juan Luis Ortega, currently
Executive Vice President, Chubb
Group and President, Overseas General Insurance, has been
named President, North America Insurance, succeeding Lupica.
Scott Meyer, Senior Vice President,
Chubb Group and Division President
of Westchester, the company's wholesale excess and surplus lines
insurance business, has been named Chief Operating Officer, North
America Insurance, a newly created position, reporting to
Ortega.
As executive chairman, Lupica will have executive oversight,
including strategy, governance and attention to major issues, of
Chubb's general insurance business in North America. In his role as President,
Ortega will have day-to-day executive operating responsibility for
North America Insurance both top and bottom line. He will report to
Lupica.
Christopher Maleno, Senior Vice
President, Chubb Group has been
appointed Vice Chairman, North America Insurance. He will retain
his current responsibilities as Division President, North America
Field Operations, and report to Ortega.
All of the appointments are effective immediately.
"These management changes and increased responsibilities
recognize 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,"
said Evan G. Greenberg, Chairman and
Chief Executive Officer. "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."
John Keogh, President and Chief
Operating Officer, commented: "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.
"Having proven his leadership of our P&C, A&H and
personal lines businesses in 51 countries outside North America, Juan Luis will now lead the
day-to-day operations of the #1 commercial P&C insurer in the
U.S., with retail and wholesale divisions serving businesses of all
sizes, from major accounts to the middle market to small
commercial; America's #1 high-net-worth personal lines business;
and our leading agriculture insurance operation that includes the
nation's #1 crop insurer. Juan Luis will be supported by Scott, who
will serve as his deputy offering a wealth of commercial P&C
experience and business insight, and Chris, who brings over three
decades of experience, wisdom and leadership with our North
American businesses, which is reflected in his new title."
Juan Luis Ortega has more than 25
years of insurance industry experience. He was appointed Executive
Vice President of Chubb Group and President, Overseas General
Insurance in 2019. Previously, Ortega served as Regional President
of Latin America from 2016-2019
and Regional President of Asia
Pacific from 2013 -2016. Ortega joined Chubb (ACE) in 1999
and advanced through a series of A&H and credit insurance
management positions in Miami,
Puerto Rico and Mexico, before being named Country President
of Chile in 2005, where he was
responsible for the company's P&C, A&H and life insurance
businesses in that country. He has served as Senior Vice President
and Regional Head of A&H for both the company's Asia Pacific and Latin America regions. Ortega earned a
Bachelor of Science degree in Finance and Business Administration
from Universidad Diego Portales, Chile.
Scott Meyer has nearly 35 years
of insurance industry experience. He was appointed Senior Vice
President, Chubb Group and Division
President of Westchester, the company's wholesale and excess and
surplus lines insurance business, in 2020. Meyer joined Chubb's
North America Insurance business in 2008 as Executive Vice
President, Professional Risk, and was promoted to Division
President of Professional Risk in 2012. He was subsequently named
Division President of North America Financial Lines in 2016. Meyer
holds a bachelor's degree in economics from New York University.
Christopher Maleno has over 35
years of insurance industry experience. He was named Senior Vice
President, Chubb Group and Division
President, Field Operations, North America Insurance in 2018.
Previously, he served as Division President, North America National
Accounts, from 2016-2018, and Division President of the company's
U.S.-based retail commercial P&C business, from 2013-2016.
Maleno joined the company in 2007 as Division President, Regional
Operations, and served as Chief Operating Officer and President,
Casualty Risk. Maleno began his insurance career with the
Chubb Corporation in 1988 and served in a number of middle market
commercial lines and branch roles. Maleno earned a Master of
Business Administration degree from Columbia
University, and a Bachelor of Science degree in Finance from
the University of Vermont.
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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SOURCE Chubb Limited