Brit poaches Chubb to build new private clients offering
Specialty re/insurer Brit has hired a senior Chubb executive to establish a private clients offering at the company.
Tara Parchment will join Brit as head of private clients in November. She will report to Jon Sullivan, portfolio director, Short Tail.
Parchment was most recently European head of private clients at Chubb, leading the high net worth practice outside of North America. Prior to her career at Chubb, she held several roles in private client broking.
Matthew Wilson, CEO of Brit, said: “I’m pleased to welcome Tara to Brit to build and grow a Private Clients offering. The high net worth market continues to see strong demand and I am confident that Tara is the right person to help us capitalise on this opportunity.”
“Tara has a well-earned reputation in the market, with the relevant expertise and relationships needed to build a strong book of business with us. Adding high-quality underwriters is an important part of Brit’s growth strategy, and I look forward to the expansion of our capabilities in the private client space.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
More of today's news
SCOR benefits from below average nat cat losses in H1
Wins in reinsurance boosts growth at JLT but profits dip as it ‘transforms’
2017 cat losses revealed ‘surprising’ differences in reinsurers’ exposures: S&P
Q2 GWP dip at Lancashire but CEO bullish on outlook
US Congress extends NFIP till November
Gallagher hires Marsh duo to expand trade credit & surety practice
AXIS Q2 results boosted by Novae acquisition and reserves
XL Catlin partners with US insurtech Slice for 'on-demand' cyber insurance
Beazley forms new consortium at Lloyd’s to up capacity for wage & hour risks