Chubb Limited has announced that Diego Sosa has been named Regional President for the Far East.
Sosa is currently serving as Chief Operating Officer for Chubb in Brazil but will have full overall responsibility for the management and business results of Chubb’s general insurance operations in Japan.
Sosa will be succeeding Brad Bennett who has been named Chief Operating Officer of Chubb Life.
Sosa has more than 25 years of experience in insurance and finance, 13 of which have been at Chubb.
As Chief Operating Officer for Chubb in Brazil, his responsibilities included oversight of all product lines, agency and broker distribution as well as claims, operations and information technology.
Sosa will relocate to Tokyo and report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance.
The appointment is effective October 1, subject to regulatory approval in Japan.
“Our local operations globally – a defining Chubb strength – benefit from our capacity and commitment to recognise and move talent within the organisation. Today’s announcement again demonstrates the depth and breadth of experience at Chubb. Diego has both strong leadership skills and proven operational experience.
“He is going to be a valuable addition to our already strong team in Japan, which serves commercial customers with property and casualty insurance products and consumers through personal accident, supplemental health and personal lines products.”