Chubb Establishes Small Commercial Division for Asia Pacific Region

Chubb established its new Small Commercial Division for the Asia Pacific region, with a focus on risk management needs of small- and medium-sized businesses.

Jason Keen, Chubb’s regional head of Property & Casualty, said that the new division is coming online as small- and medium-sized businesses’ demands for risk management evolve rapidly, “as they continue to play an expanding role in the local economies across the region.”

The insurer is using a mix of inside promotions and a hire from outside the company to help run it, Here are Chubb’s new hires for the division:

• Michael Cellura, head of Small Commercial Division, Asia Pacific. Cellura has been with Chubb for more than 10 years and has a wealth of international underwriting and business development experience. He was previously at Chubb in Japan leading the property/casualty business for four years. Cellura is now tasked with maximizing the capabilities of Chubb’s product innovation and channel expertise in agency, bancassurance, broker and digital channels, to serve the needs of small commercial businesses.
• Kieran Brennan, head of Product Development, Small Commercial Division, Asia. Brennan will focus on product design and the development of processes and service for clients. An underwriter since he began his career in the UK more than 20 years ago, he was previously with AIG as its Asia Pacific chief underwriting officer for the SME Division.
• Rob Cameron, head of Actuarial, Small Commercial Division, Asia Pacific. Cameron worked at Chubb for more than 15 years, first as an actuarial services manager for Australia and New Zealand and later, as the regional property/casualty actuary. In his new role, he will further develop new actuarial models specifically for small- and medium-sized businesses to ensure Chubb’s value proposition is customized for this market segment.

Source: Chubb