Chubb promoted from within to fill a newly created position covering continental Europe. A former AIG executive is joining AXIS Capital Holdings Limited as head of Underwriting and Portfolio Optimization, also a newly created role.
Chubb appointed Peter Graswinckel as segment leader for Major Accounts in continental Europe. Graswinckel was previously global client executive for Chubb in Belgium, Netherlands and Luxembourg, and he has worked in the insurance industry for more than 20 years.
In this newly created role, Graswinckel will be responsible for delivering tailor-made products and services for clients and business partners in continental Europe.
He will also oversee Chubb’s Major Accounts segment leaders across 17 countries and continental Europe’s Global Client Executive Practice. In addition, Graswinckel will work closely with Chubb’s regional management team and other Major Accounts teams around the world to ensure alignment and consistency.
Graswinckel reports to Suresh Krishnan, head of Major Accounts for Chubb in Europe, with a matrix reporting to Adrian Matthews, chief operating officer and head of Property and Casualty, continental Europe.
AXIS Capital Holdings Limited hired veteran AIG executive Robert Quane as head of Underwriting and Portfolio Optimization, a newly created role.
Quane will be responsible for leading the company’s Group Underwriting function while working in partnership with its business segments. This will include establishing and maintaining AXIS’s groupwide underwriting framework, guidelines and policies, in addition to overseeing its portfolio optimization process. Quane will also manage AXIS’s groupwide exposure-management and underwriting risk frameworks and chair its peril/product boards.
Quane will report to Eric Gesick, group chief underwriting officer at AXIS, and will be based in the company’s New York office.
Quane joins AXIS following a 22-year career at AIG, where he held several underwriting management and actuarial positions. Most recently, he was head of Global Commercial Property at AIG, following time spent serving as the company’s head of Global Group Personal Insurance and chief operating officer for International Personal Lines. He started his insurance career in actuarial roles for Allstate Insurance.