26 July 2018Insurance

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

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

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

Insurance
24 December 2025   From London to Bermuda, the market watched exits jolt the industry, teams reshuffle and others fall into place with far less fanfare.
Insurance
22 December 2025   Brokerage complaints spin tawdry tales to frame defections as low-rent theft & espionage.
Insurance
19 December 2025   If profits slip too far, insurers may cut coverage, hike premiums, squeezing affordability.