Chubb appoints new energy practice leaders
Insurer Chubb has strengthened its energy industry practice with two new leadership appointments for the mid and large market segments.
As practice leaders, Brad Watson and Barton Porter will look to further leverage Chubb's full suite of offerings to help companies mitigate a range of risks associated with exposures unique to the energy sector. In addition, they will have responsibilities for managing and expanding relationships with key distribution partners.
Watson succeeds David Barclay, who will retire as the company's mid-market insurance energy practice leader in June, after more than 36 years with Chubb.
In the mid-market energy segment, Watson will lead the full-range of underwriting for clients focused on mining, petroleum, power, renewable and alternative energy. Based in Dallas, he will report to Jim West, executive vice president, North America industry practice leader. Watson has more than 25 years of industry experience. Most recently he served as Chubb's Underwriting Manager for the Dallas region.
For Chubb's large-market energy segment, Porter will coordinate the global portfolio of products and services of the company's large account Risk Management business for clients that are focused in the energy sector, including power generation, on and offshore upstream, midstream and downstream companies, including manufacturing and contracting companies that serve the energy sector.
Porter will access the company's offerings in the global primary casualty, excess casualty, financial lines, environmental and marine lines of business. Based in Houston, he will report to John Alfieri, executive vice president, North America major accounts field operations.
Porter has 35 years of property and casualty industry experience. Prior to joining Chubb in 2014 as global casualty, senior vice president, underwriting branch manager, in Houston, he held a number of senior leadership positions at various brokerage firms.
Jim West, Chubb's executive vice president, North America industry practice leader, commented: "Chubb's Energy Industry Practice is a dynamic industry group that has excelled and prospered under David's leadership. With an emphasis on technical knowledge and long-term underwriting profit, David and his team have built strong relationships with key agents, brokers and clients. We thank David for his many years of contributions and wish him well during his well-deserved retirement."
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