Reinsurance News

Chubb makes changes to European leadership team

15th January 2020 - Author: Luke Gallin

Insurer and reinsurer Chubb has announced a number of changes within its European leadership team, including the appointment of Nadia Côté as Head of Major Accounts Division for Europe, succeeding Suresh Krishnan.

ChubbKrishnan takes on the role as Chief Operating Officer (COO) of Chubb North America Accident and Health.

In his new role, Krishnan will assist with the oversight of the day-to-day operations of the business and will report to James Walloga, Chubb’s Executive Vice President, North America Accident and Health.

He will be based in New York and takes responsibility for developing and implementing numerous strategies related to profitable growth for the business, and will also oversee Chubb’s Canada Accident and Health business.

Walloga commented: “Suresh is a strategic leader who has been with Chubb for quite some time and has a deep understanding of our business, our culture, and our clients’ needs.

“That background is a good reflection of our overall leadership team and is key to our consistent approach to bringing innovative products and services to market, while providing superior support to our distribution partners. I look forward to working with Suresh in his new role and further building upon our successes.”

Côté currently serves as Country President for France and in her new role, she will be tasked with implementing business strategy for the Major Accounts Division and will also be responsible for global broker relationships and networks outside North America for the re/insurer’s Overseas General Division.

Côté’s appointment is effective March 1st, 2020 and sees her relocate to London, reporting to Adam Clifford, Division President for Chubb in Continental Europe and Sara Mitchell, Division President for the UK and Ireland retail business.

Effective March 1st, 2020 and subject to regulatory approval, current Director of Accident and Health for Continental Europe, Veronique Brionne, succeeds Côté as Country President for France. She will take responsibility for the company’s property and casualty, accident and health, and consumer lines businesses in France. She will remain in Paris and will also report to Adam Clifford.

Replacing Brionne is Florian Eisele, who currently serves as Country President for Switzerland. In his new role as Director of Accident and Health for Continental Europe, he will be responsible for all of the firm’s accident and health business across Continental Europe. His appointment is effective March 1st, 2020 and he will be based in Zurich, reporting to Adam Clifford. Until Eisele’s replacement is named, he will continue to serve as Country President for Switzerland.

Senior Vice President, Chubb Group and Regional President European Group, David Furby, said: “I am delighted to announce these significant new appointments. Nadia Côté, Veronique Brionne and Florian Eisele each bring a wealth of experience to their respective roles and have a track record of demonstrating strong leadership and delivering success for the businesses under their responsibility. I look forward to working with them all in their new capacities as we drive Chubb to further growth in revenue and earnings across Europe in 2020.”

“I would also like to thank Suresh Krishnan for his dedication to developing and implementing Chubb’s Major Accounts proposition in Europe which has seen the Division grow significantly under his leadership.”

The firm has also announced the appointment of Eric Bartenstein as Senior Vice President, Chief Underwriting and Digital Officer for its North America Accident and Health division, based in Philadelphia and reporting to Walloga.

“We are committed to creating an ideal environment and experience for our clients and distribution partners. I am excited to work closely with Eric to expand on our technical capabilities and ensure best practices are in place to meet our clients’ unique needs,” said Walloga.

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