Reinsurance News

Chubb names Mark Hammond as Deputy CFO

9th June 2021 - Author: Katie Baker

Global re/insurer Chubb has appointed Mark Hammond to the additional role of Deputy Chief Financial Officer, a newly created position.

ChubbHammond brings over 30 years of experience in insurance and public accounting and has served as Treasurer of Chubb Group since 2019.

Previously, he was Executive Vice President and Chief Financial Officer for the company’s Europe and Eurasia & Africa regions.

From 2012 to 2016, when the company was named ACE, he was Chief Financial Officer, European Group.

Hammond joined the company’s Combined Insurance business in Chicago in 2009, where he served as Executive Vice President, Chief Financial Officer.

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Prior to joining ACE, Hammond held a series of leadership roles within the insurance industry and, before that, spent more than 15 years in the public accounting sector where he was an audit partner with Deloitte, serving clients in its insurance practice.

The appointment will take place at the beginning of next month when Peter Enns, Executive Vice President, Finance, Chubb Group, will succeed Philip Bancroft as Chief Financial Officer upon his retirement.

In his new role, Hammond will assist Enns on operational and strategic matters.

Enns commented: “Mark has been with the company for a dozen years, and is recognised for his technical proficiency, leadership and general management skills in both U.S. and international finance organisations.

“I look forward to working with Mark and benefiting from his experience and assistance as our global finance organisation pursues its key priorities and strategies.”

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