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Chubb launches multiline practice for large transport firms

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Chubb Ltd. on Wednesday said it has launched a multiline industry practice within its major accounts division for large transportation companies in the United States and Canada.

Chubb's transportation industry practice offers a range of coverages and services for transportation firms with fleets of more than 500 units that are willing to use large retentions or deductibles, including truckers, bus operators, waste haulers, rental car companies, airlines, and manufacturers and distributors with large vehicle fleets, Chubb said in a statement. 

David Brown has been appointed as executive vice president of the transportation industry practice, major accounts division. Mr. Brown will be based in New York and report to Matt Merna, chief operating officer of the North America major accounts division.

Mr. Brown was most recently senior vice president and transportation practice leader for Chubb's global casualty business unit, which he will continue to oversee as part of his expanded responsibilities. He joined Ace Ltd. in 1999 as a casualty underwriter, according to the statement. 

"This new practice reinforces Chubb's commitment to ensuring that brokers and risk managers in this industry continue to have access to a range of core coverages, including primary and excess casualty, as well as more specialized coverages, such as environmental, surety and cyber," Chris Maleno, president of North America major accounts, said in the statement.