Chubb taps former CNO/Lincoln leader for key Canada role
Property/casualty insurer Chubb has hired a former CNO and Lincoln officer to oversee the business operations, management and growth strategies of Combined Insurance in Canada.
Combined Insurance, a Chubb company, provides supplemental insurance in North American both directly to individuals and at the worksite. The company has been doing business in Canada for nearly seven decades.
Joel Schwartz (pictured) has been named new president of Combined Canada. He will report to Combined Insurance president Richard Williams, Jr.
Schwartz joins the company after serving as president of CNO company Colonial Penn Life Insurance, a direct-to-consumer life insurer. Prior to that, he served as Colonial Penn’s chief financial officer and chief marketing officer. Previously, Schwartz held a series of leadership positions, including as CFO and senior vice president at Lincoln Financial Distributors.
“Joel is the right person to be at the helm of Combined Canada during a time of tremendous market opportunity,” said Williams. “His deep experience in supplemental health and life insurance and proven ability to deliver results will be a considerable asset to our business. I’m excited for Joel to bring his leadership, drive and innovative thinking to Combined Canada and to lead the organisation into a new stage of accelerated growth.”
Schwartz commented: “This is an extraordinary opportunity to join an organization with a rich and enduring legacy, an exceptional executive team, and a strong outlook for growth. It is a privilege to join this talented team, and I look forward to helping the Combined Canada team grow our business across all ten Canadian provinces while continuing to serve individuals and families who look to Combined during times of need today.”
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