Chubb brings 16-year vet back to LatAm homefield to lead Mexican units

Chubb will bring back a 16-year insider it had delegated to Asian markets to head up its general insurance and surety operations in Mexico.

Diego Sosa (pictured) has been named country president for Chubb Mexico and general manager of Chubb Seguros Mexico and will take overall responsibility for Chubb's general insurance and surety operations in the country.

He will also serve as deputy general manager of Chubb Seguros, maintaining responsibility for leading finance, legal, compliance, marketing and communications, human resources, and auto and non-auto claims. Additionally, he will lead institutional relations and strategic projects for the auto business.

Sosa, now 16 years with Chubb, will return from a posting as regional president for Chubb in the Far East. He was previously chief operating officer for Chubb in Brazil. Before rejoining Chubb in 2017, he was at QBE, including as country president in Mexico and Ecuador.

Sosa succeeds Alfonso Vargas, who becomes chairman of both Chubb Seguros and the Chubb Fianzas Board of Directors in Mexico.

Chubb group SVP and regional president for Latin America, Marcos Gunn, commented: “Diego is a strong leader with proven operational experience, and we're pleased to welcome him back to the Latin America region. … Our local operations globally – a defining Chubb strength – benefit from our capacity and commitment to recognize and move talent within the organization. Our Mexico operations will also continue to benefit from the experience and leadership of Alfonso, who led the growth of our business in the country for the past four years.”

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