Chubb restructures North America A&H business in growth push
Property/casualty insurer Chubb has integrated its North America accident and health (A&H) businesses under Chris Martin, in a move it hopes will better address the needs of the middle market and large corporate clients and distribution partners.
Martin, currently president of Chubb Workplace Benefits, has been named division president of Chubb North America accident and health.
In his expanded role, Martin will have overall operating responsibilities for the North American A&H insurance businesses and will oversee the division's strategy, product and business development, profit and loss performance, and underwriting operations.
Additionally, James Walloga, Chubb's executive vice president of specialty accident and health, will continue to lead the company's North America specialty accident and health business and look to further grow this critical business segment, which offers accident and illness medical insurance related to corporate travel risk management, participant accident insurance, affinity markets, as well as leisure and scholastic travel.
Martin will report to Matt Merna, with a matrixed reporting line to Joe Vasquez, senior vice president, Chubb Group and head of the company's global accident and health business.
"This integration of our A&H businesses reinforces our commitment to the marketplace, where we see tremendous opportunities to further serve our partners and clients," said Merna, senior vice president, Chubb Group and division president, Chubb North America major accounts. "This new structure will provide our distribution partners and clients with greater resources and better access to products and services that are designed to meet the unique challenges of workplace and travel risk for individuals, employees, as well as a variety of organisational entities."
Vasquez commented: "Chris brings extensive leadership and management experience, as well as a keen understanding of the needs of our distribution partners and customers. I look forward to working with him as he makes the transition into this new role and works toward further widening our footprint in this space."
