Chubb today announced several new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, which serves large U.S.- and Canadian-based companies requiring risk management solutions for some of the most complex global risks. The following appointments are effective immediately:
- Bill Rabl appointed Executive Vice President, Chubb Global Casualty
- Lou Capparelli appointed Executive Vice President, Chubb Global Casualty Field Operations
- Bill Hazelton appointed Executive Vice President of Chubb Construction Industry Practice, Environmental and Excess Casualty
- Joseph Fobert appointed Executive Vice President, Chubb Excess Casualty
"With the recent appointments of Ross Bertossi to Vice President of Global Underwriting, Chubb Group and Matt Merna to Chief Operating Officer of Chubb's North America Major Accounts division, these additional announcements further reinforce our deep bench of leadership," said Chris Maleno, Senior Vice President, Chubb Group and Division President, North America Major Accounts. "This group's extensive experience and strong leadership skills will help further our recognition for the superior underwriting and exceptional risk management solutions we have become known for in the large account market space."
Global Casualty Appointments
As Executive Vice President, Mr. Rabl will lead Chubb's Global Casualty business unit. In this new expanded role, he will have overall responsibility and oversight of the day-to-day operations for Chubb's full range of global primary casualty coverage offerings and service solutions for U.S. and Canadian domiciled large national and multinational companies. Mr. Rabl joined ACE in 2002 and previously served as Chief Operating Officer for Chubb's Global Casualty business. He will report to Matt Merna, Chief Operating Officer, North America Major Accounts and will be based in New York City, N.Y. Mr. Rabl earned his Bachelor of Science degree in Quantitative Analysis from St. John's University in New York City, and an MBA in Finance and International Business from the Stern School of Business at New York University. He holds the Associate in Risk Management (ARM) professional designation.
Mr. Capparelli, who previously served as Senior Vice President, Chubb Global Casualty will now oversee all field operations for the business unit. He will spearhead efforts to implement strategies centered on delivering Chubb Global Casualty's full range of capabilities and services to distribution partners in Chubb's U.S. and Canadian branch offices. All branch managers supporting Chubb Global Casualty will report to Mr. Capparelli. Based in New York City, Mr. Capparelli will report to Mr. Rabl. Mr. Capparelli earned a Bachelor of Arts dual degree in Economics and Political Science from the University at Albany (SUNY) in Albany, N.Y., and an MBA in Finance from Fordham Gabelli School of Business. He holds the Associate in Risk Management (ARM) professional designation.
Excess Casualty Appointments In this expanded new role, Mr. Hazelton will oversee Chubb's Excess Casualty business operations. He will continue to lead and retain current responsibilities for Chubb's Construction Industry Practice, Environmental and Primary and Excess Construction lines of business. Reporting to Chris Maleno, Mr. Hazelton will be based in New York City. Mr. Hazelton earned his Bachelor of Science degree in Political Science from James Madison University in Harrisonburg, VA., and received a Master of Arts degree from Rutgers.
Reporting to Mr. Hazelton will be Mr. Fobert, who will lead and handle all day-to-day management and field operations for Chubb's Excess Casualty business unit. All excess casualty underwriting segments will report to Mr. Fobert, who will be based in New York City. Mr. Fobert earned his Bachelor of Arts degree in Political Science from The College of New Jersey in Ewing Township, N.J., and he completed his MBA at the College of Insurance with a dual concentration in Risk Management and Finance. He holds both the Chartered Property Casualty Underwriter (CPCU) and Associate in Risk Management (ARM) designations.
About Chubb Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at www.chubb.com.