istock-515523676_dragonimages-3
iStock/DragonImages
27 March 2019Insurance

Chubb appoints new financial lines leader for Bermuda

Insurer Chubb has appointed Richard Porter as senior vice president, head of financial lines for Chubb Bermuda.

Porter will be responsible for leading Chubb Bermuda's financial lines division, which includes directors and officers liability, cyber, transactional risk, errors and omissions, and employment practices liability.

He will report to Judy Gonsalves, vice president of Chubb Group and division president, Chubb Bermuda.

Porter joined the company as associate general counsel in 2011 and was promoted in 2016 to general counsel of Chubb Bermuda, where he also provided legal oversight for its affiliates in Dublin and London.

"Rick Porter is a recognized leader in the insurance industry with an outstanding track record for achieving results," said Gonsalves. "We see tremendous opportunities to provide our clients with the most comprehensive set of solutions for meeting very specific needs, and believe Rick's deep legal, risk management and insurance background, in addition to his considerable experience with both claims and compliance, will help further strengthen our ability to deliver superior Financial Lines solutions and services to the marketplace."

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Ransomware cyber attack costs Norway's Norsk Hydro $40m; lead insurer revealed

Lloyd’s 2018 turnaround cues up 2019 ‘evolution’ 

Top insurers join Marsh for new cybersecurity programme

Ship insurer UK P&I Club gets green light for Dutch Brexit hub

Arch Capital-backed Watford expects Nasdaq listing this week

Download our whitepaper: 'Why Automation & AI Matters For Commercial Lines'

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 Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
25 March 2019   Insurer Chubb has appointed Serene Neo as division head of accident & health (A&H) for Singapore. She will report to Scott Simpson, Chubb's country president for Singapore.
Insurance
8 May 2018   The New York State Department of Financial Services (DFS) has fined Chubb and Lockton a combined $8.3 million for underwriting an NRA- (National Rifle Association) branded insurance programme.
Insurance
9 April 2019   Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.