Chubb has named Paul Johnstone as its new country president in Canada, moving up from his role as COO.
Johnstone will replace John Alfieri, who has decided to retire after nearly two decades at the company. He will report to Chris Maleno, senior vice president, Chubb Group. Johnstone was appointed as COO of Chubb Canada only back in December.
Maleno said in a statement: “With nearly 30 years in the Canadian insurance market, Paul is poised to take on his new leadership role. His background is broad and deep, with experience in underwriting, marketing and distribution across key client segments and product groups. Chubb has a reputation for its deep management bench, and Paul’s promotion demonstrates the strength of our leadership team in our diverse and thriving businesses in Canada.”
Johnstone has nearly three decades of experience in the Canadian insurance market, spanning the reinsurance and P&C sectors. Prior to ACE’s acquisition of Chubb in January 2016, he served as senior vice president, of Chubb’s personal risk services business in Canada, where he oversaw the modernisation of its operating systems and strategic expansion of distribution. He joined Chubb in 1994 as an associate in commercial insurance.
Referring to Alfieri, Maleno thanked him for his years of service with the company since 2004. Johnstone had served as president of Chubb Canada since October 2020.
He said: “Under John’s leadership, Chubb’s Canadian commercial and personal lines of business have experienced significant growth, in turn preparing his successor to further that upward trajectory. We thank John for his many contributions and wish him the very best in his retirement.”
