Chubb Canada president to exit after 20 years; replacement revealed
Property/casualty insurer Chubb has appointed a new president of its business operations in Canada, succeeding John Alfieri (pictured left) who is set to retire after serving the company for nearly two decades.
Paul Johnstone (pictured right) will assume the role of country president of its operations in Canada, effective July 1.
Johnstone currently serves as chief operating officer in Canada. In his new role, he will have executive operating responsibility for the company’s retail property and casualty insurance business, including its high-net-worth personal lines and accident and health offerings for Canadian-based clients served by independent brokers and agents.
He will report to Chris Maleno, senior vice president, Chubb Group and division president, North America field operations.
Johnstone has nearly three decades of experience in the Canadian insurance market, spanning the reinsurance and P&C sectors. Prior to ACE's acquisition of Chubb in January 2016, he served as SVP, of Chubb's personal risk services business in Canada, where he oversaw the modernisation of its operating systems and strategic expansion of distribution. He joined Chubb in 1994 as an associate in commercial insurance.
"With nearly 30 years in the Canadian insurance market, Paul is poised to take on his new leadership role," said Maleno. "His background is broad and deep, with experience in underwriting, marketing and distribution across key client segments and product groups. Chubb has a reputation for its deep management bench, and Paul's promotion demonstrates the strength of our leadership team in our diverse and thriving businesses in Canada."
Maleno added: "John has been a tremendous colleague and influential leader throughout his career at Chubb. He joined the company in 2004 and played many pivotal roles, including developing the New York Region into what it is today and shaping our Client Executive team and overall field structure for our division that serve large national and multinational commercial clients. Under John's leadership, Chubb's Canadian commercial and personal lines of business have experienced significant growth, in turn preparing his successor to further that upward trajectory. We thank John for his many contributions and wish him the very best in his retirement."
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