Global insurer and reinsurer Chubb has announced the appointment of Joe Vasquez as President of Combined Insurance, effective immediately.
Vasquez was previously Senior Vice President at Chubb Group and head of the company’s global accident and health insurance business.
In his new position, he succeeds Kevin Goulding, who is set to retire at year-end.
Goulding joined Chubb in 2012 and has served as President of Combined Insurance since 2017.
Vasquez will now be directly responsible for the general management and business results of Chubb’s agency and worksite-based personal accident and supplemental health insurance company, which has operations in the US and Canada and is headquartered in Chicago.
Going forward, he will continue to report to Evan G. Greenberg, Chairman and CEO, and John Keogh, Executive Vice Chairman and Chief Operating Officer.
“Joe Vasquez is an experienced A&H executive and is well equipped to lead Combined Insurance as President,” said Greenberg. “His expertise and leadership skills will be instrumental as we focus on continuing Combined Insurance’s growth trajectory and earnings contribution to Chubb.”
He added: “I thank Kevin for his service to the company over the past eight years and wish him the very best in his retirement.”
Vasquez has nearly 30 years of accident and health insurance industry experience, including two decades at Chubb and ACE.
He joined ACE in 2000 to create and lead the company’s U.S. accident and health business, and from 2015 to 2018 served as President of ESIS, an affiliate of Chubb.
Prior to joining ACE, Vasquez served in a senior leadership role in the national Accident & Health Division of Reliance National Insurance Company in New York City from 1991 to 2000. He also previously held senior A&H underwriting positions with the American International Group (AIG).