Chubb Group promoted from within for its new vice president of Global Underwriting. CNA appointed a veteran executive to a newly-created position focused on claim analytics, finance and operations within its P/C Claim organization. Hiscox USA made two senior executive appointments to its Professional Risks division.
Chubb Group named Ross Bertossi as vice president of Global Underwriting.
In his new role, Bertossi will be tasked with advancing underwriting excellence across the company, including general underwriting policy and underwriting management best practices. He’ll also oversee Chubb’s global product boards and portfolio management process.
Bertossi has more than 30 years of insurance and underwriting management experience. Since ACE’s acquisition of Chubb in 2016, he has served as executive vice president, Excess Casualty, North America Insurance, a job that called for him to oversee Chubb’s umbrella and excess casualty product lines serving large commercial customers. He joined ACE in 2002 as executive vice president, ACE Medical Risk and later became executive vice president, ACE Casualty Risk.
Bertossi succeeds Jacques Bonneau who is retiring at the end of 2017 after nearly 40 years in insurance and reinsurance. Bonneau will work with Bertossi to ensure a smooth transition of responsibilities.
Bertossi will report to John Keogh, Chubb executive vice chairman and Chief Operating Officer.
CNA appointed Robert Thomas as its first-ever senior vice president, Claim Analytics, Finance and Operations, within the company’s Worldwide P&C Claim organization.
Thomas will be responsible for all aspects of CNA’s Claim Analytics, Finance and Operations areas. This includes working closely with the company’s Commercial, Specialty and International businesses and corporate functions. He will report to Andrew Pinkes, executive vice president, Worldwide P&C Claim.
Most recently, Thomas served as senior vice president and chief P/C actuary at The Hartford. Thomas began his career in 1994 as a Specialty Lines Actuary. Since then, he has held a wide variety of roles with increasing responsibility including pricing, product management, claims and reserving (including runoff and mass tort), capital attribution, business intelligence and predictive model teams supporting pricing, underwriting and claims.
Hiscox USA made two senior executive appointments to its Professional Risks division, which focuses on providing tailored risk products to architects, engineers, and sectors including healthcare, real estate and technology.
Joseph Reynolds is the new vice president, Architects and Engineers Product Head and Thomas Rea has been appointed as vice president, Professional Liability Product Head.
Both new hires will be based in New York and report to David Egosi, Hiscox USA’s senior vice president, Head of Professional Risks.
Reynolds has 15 years insurance and product leadership experience. He joins Hiscox after 3 years at XL Group as vice president and A&E Product Head, where he managed one of the largest Architects & Engineers E&O portfolios in North America.
Rea has 20 years of professional liability experience and joins Hiscox after 7 years at Travelers as Underwriting Director, where he managed their national MPL and Real Estate E&O portfolios.
Sources: Chubb, CNA, Hiscox USA