Chubb has announced that current Division President, Northern Latin America and Chief Operating Officer (COO) of the Latin America region, Marcos Gunn, has been appointed Senior Vice President (SVP), Chubb Group and Regional President, Latin America.
Gunn replaces and will also report to Juan Luis Ortega, who was recently appointed as Juan Andrade’s replacement as Executive Vice President (EVP), Chubb Group and President, Overseas General Insurance.
The appointment is effective immediately, and Chubb states that Gunn will retain his current responsibilities for an interim period, with a successor due to be announced soon.
In his new role, Gunn will have responsibility for the general management and business results for all operations in the region, which includes Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Puerto Rico, Central America and the Caribbean.
Executive Vice Chairman and Chief Operating Officer (COO) of Chubb, John Keogh, said: “I am so pleased to appoint Marcos to this role. With more than 20 years of insurance industry experience, including 19 with Chubb, Marcos has a long and proven track record of accomplishment leading insurance businesses in both the Latin America and Asia Pacific regions. He is a strong executive who brings deep experience to this new assignment leading one of our company’s fastest-growing regions.”
Ortega added: “Marcos is the perfect executive to lead the Latin America region. He has served as a country president multiple times, led the A&H business in two regions of the world, and, more recently, overseen the impressive business results from our Mexican operations. His underwriting and product experience spans commercial property and casualty, A&H and personal lines.
“I have great confidence that Marcos has the management, leadership capabilities and vision to lead the region’s continued profitable growth.”