Chubb will automate 85% of key functions, enabling 20% headcount cut

Global carrier Group Chubb could cut workforce by about 20% over the course of 3-4 years as it pursues a digital transformation across some 70% of its organisation and put some 85% of key processes in a digital format, the carrier said in a new presentation for investors.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Axis combined ratio improves, GWP shows healthy growth

SiriusPoint builds North American P&C strength with CUO role

Axa XL powers up with head of energy, E&S

New Korea capital rules to strengthen insurers but strain finances: Fitch

Howden taps Marsh C-suite veteran as chair to take LatAm to ‘next level’

QBE Re unlocks credit reinsurance with ex-Axa XL hire

WR Berkley asks whether insurers can keep pace with tech change

Reinsurance prices to drift lower at upcoming renewals: Moody's

Chubb will automate 85% of key functions, enabling 20% headcount cut

More on this story

Editor's picks

Editor's picks

More articles