📋 Tender Overview
Chubb announced that Tim Stapleton has been named Executive Vice President Financial Lines Overseas General Insurance the companys international general insurance business in 51 countries. In his new role Mr. Stapleton will have executive oversight of Chubbs management and professional liability lines of business which span public private not-for-profit and financial institution directors and officers coverages as well as its errors and omissions and cyber products. His responsibilities will include oversight of the divisions strategy product and business development underwriting operations and profit and loss performance. Mr. Stapleton is currently Senior Vice President Cyber Insurance and Information Technology Overseas General Insurance. In his new role he succeeds Steven Goldman who in a related announcement today has been named Vice President Chubb Group and Division President North America Financial Lines. Mr. Stapleton will report to Timothy ODonnell Vice President Chubb Group and Division President Commercial Property and Casualty Overseas General Insurance. The appointment is effective immediately.Tim is a highly experienced financial lines executive with excellent technical underwriting and leadership skills said Mr. ODonnell. Im looking forward to working with him as we grow Chubbs international financial lines presence and capability.Chubb has earned a reputation as a leader in financial lines underwriting globally with a deep pool of talented executives across the world said Juan Luis Ortega Executive Vice President Chubb Group and President Overseas General Insurance. That is evident today as Tim assumes this leadership role. I am confident his deep understanding of our clients needs will help ensure the future profitable growth of this practice.Mr. Stapleton has more than 15 years of underwriting and management experience in financial lines. He joined the company in 2015 from Zurich Insurance Group where he served as Global Underwriting Manager for Professional and Management Liability responsible for the development implementation and maintenance of global technical underwriting standards product strategies and guidelines for the companys professional and management liability and cyber sublines. Prior to that Mr. Stapleton served as Zurichs Deputy Global Head of Professional Liability where he developed and implemented technical underwriting standards for the companys global professional liability portfolio. He began his career at American International Group as an underwriter for professional liability.Mr. Stapleton holds a bachelors degree in music from the University of Miami Coral Gables. He is a member of the International Association of Privacy Professionals IAPP and holds the Certified Information Privacy ProfessionalUS designation. Mr. Stapleton is also a member of the Professional Liability Underwriting Society.
