Chubb named a new leader for a key business within its North America Financial Lines division. There’s a newly-appointed chief operating officer at Hiscox USA. A former Zurich North America executive is joining Crawford & Company as global chief operating officer.
Chubb appointed Leigh Anne Sherman to lead its Private/Not-For-Profit Management Liability business within the North America Financial Lines division.
In leading the division, Sherman will oversee products including Directors & Officers Liability, Fiduciary Liability, Employment Practices Liability, Workplace Violence, Crime and Kidnap & Ransom insurance products.
Sherman, also an executive vice president with Chubb, will continue to oversee the Underwriting Service Branch, which provides new and renewal underwriting and services for eligible management liability product offerings in the U.S.
Sherman will continue reporting to Scott Meyer, division president, North America Financial Lines.
International specialist insurer Hiscox appointed Josh Nevin as chief operating officer for its Hiscox USA business unit.
In his new role, he’ll be responsible for providing leadership and vision while also championing operational best practices.
Before Hiscox, Nevin was the chief operating officer at Wagner Oil Company, an engagement manager at McKinsey & Company, the VP of Operations and Business Development at Pellion Technologies and worked on the Experienced Commercial Lending Program at GE Energy.
At Hiscox, Nevin will be based in Atlanta and reporter to Ben Walter, CEO of Hiscox USA.
A former Zurich North America executive is joining Crawford & Company as global chief operating officer.
Rohit Verma will handle strategic, financial and operational oversight for Crawford’s lines of businesses through a number of its brand across the Americas, Europe and Asia. He’ll also oversee IT services.
Verma, a veteran insurance industry executive, was most recently divisional executive for the south region of Zurich North America. While there, he was accountable for profitable growth and market execution. In more than 10 years at Zurich, Verma also served in a number of executive management roles in areas including underwriting, finance, strategy and general management.
Before Zurich, Verma was a management consultant with McKinsey & Company and Deloitte Consulting, with a focus on insurance and financial services.
Sources: Chubb, Hiscox USA, Crawford & Company