Chubb, a global property and casualty insurer, has announced the appointment of Mark Homan as the Division President of International Property and Casualty (P&C) for Overseas General Insurance, its international general insurance operations.
Homan, who currently serves as the Chief Operating Officer for the division, will assume his new role on June 1, 2023.
He will be responsible for overseeing Chubb’s international commercial property and casualty (P&C) insurance business, including property, casualty, professional lines, energy, and marine product lines.
Homan succeeds Timothy O’Donnell, who is retiring from the company after 20 years of service.
Homan will report directly to Juan Luis Ortega, the Executive Vice President of Chubb Group and President of Overseas General Insurance.
Ortega expressed confidence in Homan’s abilities, stating, “Mark is an experienced underwriter with deep international experience.”
“Over the past 12 years at Chubb, he has successfully led our casualty business, helping to drive growth that has positioned Chubb as a market leader in one of our largest international P&C businesses. Mark has consistently demonstrated a thoughtful and effective approach to managing and expanding our business, from casualty to other P&C lines.”
“Tim has had great success at Chubb, most recently leading the substantial growth and consistently improving margins in our P&C division. During his tenure at Chubb, Tim has also led our international Financial Lines business as well as Professional Lines in North America. He has been a trusted partner and has played a key role in promoting and nurturing talent around the world. We congratulate Tim for a remarkable global insurance career and wish him all the best in this new stage of his life,” regarding O’Donnell’s retirement, Ortega remarked.
With three decades of insurance industry experience, Homan brings a wealth of knowledge and expertise to his new role. Prior to serving as Chief Operating Officer for the division, he held the position of Executive Vice President, International Casualty at Chubb.
Homan began his insurance career in 1993 and has held management positions at prominent organizations such as Allianz, AIG, and Wüba, where he served as a member of the board.
