Chubb Limited announced that Drew Spitzer has been appointed treasurer of the company. He currently serves as chief financial officer for North America Insurance. Prior to that, he was CFO of Combined Insurance, a Chubb affiliate.
Spitzer will report to Peter Enns, executive vice president, Chubb Group and chief financial officer, and succeeds Mark Hammond, who is leaving the company.
Hammond will remain with Chubb until March 1 to ensure a smooth transition.
Kevin Harkin, who is senior vice president, North America Financial Operations, will succeed Spitzer as CFO for North America Insurance.
Harkin will report to both John Lupica, vice chairman, Chubb Group and president, North America Insurance, and to Enns.
Both appointments are effective March 1.
Zurich North America has announced key leadership changes:
Jason Meador has been appointed to lead the Rural Community Insurance Services (RCIS) crop insurance business following the impending retirement of Mike Day, who will stay on through March 31 to assist in the transition. Meador is currently head of Captives at Zurich North America. He will report to Zurich North America CEO Kristof Terryn.
Day’s retirement comes after nearly 40 years in crop insurance, which included serving on the NCIS Executive Committee and the Executive Committee of the Crop Insurance & Reinsurance Bureau (CIRB).
Alban Laloum has been selected for the role of chief customer officer for Zurich North America, reporting to Terryn. He will be responsible for setting the strategic direction for the expanded Customer Office, which now will encompass Distribution in addition to Marketing and Customer Experience functions. Laloum currently serves as head of Customer, Distribution, Marketing & Regional Management for Zurich Canada.
Dawn Hiestand, currently head of Operations for Zurich North America’s Direct Markets business serving auto dealers, has been selected to replace Meador as head of Captives. She will report to Paul Horgan, head of U.S. National Accounts.
These appoints will be effective Feb. 1.
Zurich NA also announced that Kelly Kinzer officially became head of Construction on Jan. 1 after serving in an interim role following the departure of Karen Reutter. She will report to Horgan.
Obsidian Insurance Holdings has appointed David Lockton to its board of directors. Lockton is currently lead director of Lockton Companies, where he previously served as president, CEO and then chairman.
Obsidian was formed in 2020 in partnership with leading insurance industry executives and Genstar Capital.