Reinsurance News

Chubb promotes Barnett to EVP, head of North America Construction Surety

27th August 2021 - Author: Katie Baker

Global insurance carrier Chubb has appointed Richard Barnett Executive Vice President, head of North America Construction Surety.

Barnett will be responsible for the underwriting, strategy and product management of construction surety products and services offered through Chubb’s global large accounts segment.

He will report to Stephen Haney, Vice President, Chubb Group, and Division President North America Surety, and Chief Underwriting Officer, Global Surety.

Prior to this appointment, Barnett served as Surety Director of Engineering and Construction, where he had underwriting responsibility for Chubb’s large construction clients.

He began his career at Chubb in 1986 as a Surety Underwriter, and throughout his tenure at Chubb has held a number of leadership roles with increasing responsibilities in North America and internationally.

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Haney commented: “Rich has close to four decades of global surety experience, with 35 years of them being at Chubb.

“Having someone of his caliber and global underwriting experience in this role will help us  continue to provide qualifying firms the surety capacity needed to support a wide range of projects.”

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