Chubb strengthens North America global casualty unit
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division.
Capparelli, in his expanded new role, will have overall responsibility of the day-to-day operations for Chubb's global casualty coverage offerings, service and technology solutions. The field operations and core underwriting functions responsible for delivering Chubb global casualty's product suite will report to Capparelli.
Capparelli joined ACE Group in 2002 prior to the acquisition of Chubb in 2016. He most recently served as executive vice president of Chubb global casualty's field operations.
Capparelli will report to Matt Merna, chief operating officer, Chubb North America major accounts, and will be based in New York City.
Chris Maleno, senior vice president of Chubb Group and division president of Chubb North America major accounts, said: "Lou's industry knowledge and extensive leadership experience within Chubb Global Casualty makes him an ideal fit for this position.
"Under Lou's leadership, our distribution partners and clients will continue to recognize the breadth of expertise our field network brings to the marketplace, as well as the innovations we provide to help them ensure comprehensive risk management programs are in place."
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