Chubb has appointed Miriam Connole as Chief Financial Officer for Overseas General Insurance, the company’s international general insurance operations, where she will have overall financial management responsibility for the company’s commercial property and casualty, traditional and specialty personal lines.
Connole will also have responsibility for the company’s accident and health insurance businesses in 51 countries and territories outside North America.
Currently, she serves as CFO for Chubb’s Europe and Middle East & Africa regions and will succeed John Jones, who is retiring from Chubb in March after 43 years with the company.
She will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance and to Peter Enns, Executive Vice President, Chubb Group and Chief Financial Officer.
Connole has nearly two decades of experience in insurance and finance. Prior to her current role, she was CFO of Combined Insurance, a Chubb company. She has also served as Financial Controller for Chubb’s operations in London, where she joined in 2006 as Regional Controller for Emerging Markets.
Earlier in her career, she held a number of senior finance positions in the insurance industry, including roles at Burford Capital, Friends Life Group, RSA and AIG.
Ortega said: “Miriam has been an exceptional leader in our organization for many years, in different roles and geographies.
“She is an effective manager who thinks strategically. Miriam brings a sound financial knowledge of insurance markets in the U.K., Continental Europe and U.S., and has led a number of critical organizational efficiency initiatives at Chubb. We are pleased to have her in this important role.”
Enns added: “Over more than four decades, John helped shape how Chubb operates today around the world.
“John became part of the company when ACE acquired CIGNA’s P&C insurance business in 1999 and has played a key role in building the foundations of our international franchise across finance, reinsurance, technology and operations.
“We thank John for his tremendous contributions and congratulate him as he begins his next chapter.”
