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Ace Ltd. announced further leadership positions, this time for its North America excess and surplus lines wholesale business, all of which will be effective upon the completion of the acquisition of Chubb Corp.
To be called Westchester, a Chubb company, the business will include wholesale business currently written in Ace Westchester, Ace Commercial Risk Services, Chubb Custom Market, Chubb Specialty Insurance and Chubb Commercial Insurance.
Bruce Kessler, as announced previously, will serve as senior vice president of the new Chubb Group and division president of Westchester.
Reporting to Mr. Kessler will be Bob Meyer who will lead property and inland marine; Dean Andrighetto, who will lead casualty; Joseph Casey leading professional risk; Rob Owens leading environmental; and Florian Beerli who will lead product recall.
Ace also announced that David Lupica will be chief operating and distribution management officer for the new company upon completion of the deal, expected in first quarter 2016.
The small commercial group, to include the wholesale, micro specialty and programs businesses currently written by Ace Commercial Risk Services, Chubb Commercial Insurance and Chubb Specialty Insurance, will report to Mr. Lupica.
Reporting to Mr. Lupica, who will report to Mr. Kessler, will be David Charlton, who will lead the micro specialty business; and Franklin Sanders, Jr., leading the programs business.
“Westchester's commitment to the wholesale market is demonstrated by the future additions of the small business specialty and programs leadership,” John Lupica said in the statement. Mr. Kessler will continue to report to John Lupica, who, as previously announced, will serve as Vice Chairman of the new Chubb Group and President, North America Major Accounts and Specialty Insurance.
Ace Ltd. on Tuesday said it has appointed a new president for the North America commercial and specialty lines business of the new Chubb Group.