Global re/insurer Chubb has announced the appointment of Jason Luyt as Senior Vice President and Chief Underwriting Officer, International Accident & Health (IAH).
He is currently serving as Chief Underwriter for the division’s leisure travel and direct market business until his appointment comes into place on 1st January.
In his new role, Luyt will have direct responsibility for all IAH underwriting functions, including underwriting governance and controls, product development, and learning and development, across all business segments for the division’s A&H operations in 51 countries and territories outside North America.
He will continue to report to John Thompson, Division President, International Accident & Health, Overseas General Insurance.
Luyt joined the company in 2015 as Vice President, Chief Underwriting Officer of Leisure Travel & Direct Market Underwriting. Prior to joining Chubb in 2015, he held local, regional and global management-levels positions at American International Group.
He will be succeeding Deborah Venella, who will retire in early 2021 after a 47-year career at Chubb and predecessor companies.
Thompson commented: “Jason brings more than two decades of insurance experience and 13 years of underwriting experience to his new role. He exemplifies the skill and technical strength of our international A&H team, including the underwriting capabilities and discipline that define Chubb. I look forward to continuing to work with Jason as we pursue new opportunities for profitable growth globally.
“We thank Deborah for her many contributions to the company. She has been an integral team player, dedicated and passionate about the craft of underwriting, and known for sharing her knowledge and developing A&H underwriting talent. We wish her the best in her retirement.”