Reinsurance News

Chubb names Carene Madden Financial Lines Manager for UKISA region

2nd December 2022 - Author: Jack Willard

P&C insurance company Chubb has appointed Carene Madden as Financial Lines Manager for the United Kingdom, Ireland and South Africa (UKISA.)

ChubbBased in London, Madden will report to Hilda Toh – Property and Casualty Chief Underwriting Officer for UKISA.

Madden’s appointment is effective in the second quarter of 2023.

Within this role, Madden will be responsible for managing and developing the growth of Chubb’s Financial Lines business in its UKISA region.

She joins Chubb from global insurance firm, AIG, where she has held the role of UK Financial Institutions Manager since 2019.

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Overall, Madden brings more than 25 years of industry experience, primarily focused on financial lines, towards her new role. She returns to Chubb following an earlier 13-year spell in a variety of roles in the UK and Ireland.

When Madden takes on the role, she will succeed Janet Edey who has chosen to step down and is moving back into her previous role as Management Liability Manager for UKISA on a temporary basis.

Addressing Madden’s appointment, Toh said: “I am delighted to welcome Carene back to Chubb. Carene is an outstanding insurance practitioner who is highly regarded within the market and her depth of experience within financial lines means she will be able to develop further the growth of this important line of business and continue to build on the success we have seen under Janet’s impressive leadership.  I want to thank Janet for her commitment and dedication during her tenure and look forward to continuing working with her in 2023.”

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