Reinsurance News

Chubb appoints Construction Industry Practice Leader

5th March 2020 - Author: Matt Sheehan

Global insurer Chubb has announced the appointment of Stephen Buonpane as Construction Industry Practice Leader for its large account segment.

In this capacity, he will oversee strategic direction, while leading a team of construction underwriting and service specialists across multiple lines of business.

Buonpane will succeed Bill Hazelton who was recently named Head of Chubb North America Claims.

“With the appointment of Bill Hazelton as Chubb’s Head of North America Claims, Stephen’s experience in supporting this business over the last decade makes him an ideal fit for this role,” said Matt Merna, Senior Vice President, Chubb Group Division President, Chubb North America Major Accounts.

“The needs of our clients in this area are very complex, and Stephen’s understanding of the issues affecting our clients, combined with his underwriting background, will help ensure we continue to provide them with the most robust solutions to meet their specific needs.”

Prior to this role, Buonpane served as Executive Vice President, Major Accounts Construction.

Craig Richardson, Chubb’s Executive Vice President of Major Accounts Environmental, and Joseph Fobert, the company’s Executive Vice President of Major Accounts Excess Casualty will continue to oversee those lines of business, reporting to Merna.

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