Chubb reveals financial lines leadership changes

Property/casualty insurer Chubb has appointed Steven Goldman as executive vice president, financial lines for its overseas general insurance division.

In his new role, Goldman will have responsibility for Chubb's international financial lines division including directors and officers liability, financial institutions, errors and omissions, transactional risk and cyber risk businesses. Goldman will be based in New York and report to Timothy O'Donnell, who was recently named vice president, Chubb Group and division president, commercial property & casualty, Overseas General Insurance.

Goldman is currently executive vice president of Chubb's financial lines division in the US where he leads the retail financial institutions segment. He also leads Chubb's transactional risk business, a division he helped create and has led since its inception.

Succeeding Goldman is Michael Mollica, who has been named executive vice president of financial lines, North America. Mollica has more than 20 years of industry experience. He will be based in New York and report to Scott Meyer, division president, financial lines, North America.

"Steve is a highly experienced financial lines executive," said O'Donnell. "He has excellent technical underwriting and leadership skills and I am very much looking forward to working with him as we grow Chubb's international financial lines presence and capability."

Meyer commented: "Michael's strong background and understanding in this space, coupled with his extensive leadership experience, makes him an ideal fit for this role. I look forward to working with him, and I am confident his deep understanding of our clients' needs will help ensure the future growth of this practice."

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