Chubb announces long-time executive's retirement

The division chairman of Chubb Ltd.'s North America financial lines is retiring after 35 years with the company, the insurer said Thursday.

Robert C. Cox, will retire on July 1, after which Scott A. Meyer, division president of the North America professional lines, will take his place, Chubb said in a statement.

Mr. Meyer, who will be based in New York, will report to John Lupica, vice chairman of Chubb and president of North America major accounts and specialty insurance.

Mr. Cox joined Chubb as an underwriter in 1981 and became department manager within three years. At Chubb he held a variety of management positions and then served as executive vice president of Chubb & Son and chief operating officer of Chubb Specialty Insurance. After Ace Ltd.'s acquisition of Chubb Corp. on Jan. 14, Mr. Cox was appointed to his current position.

“Bob's career at Chubb represents a remarkable journey that has seen Chubb's prominence in the professional and management liability space steadily rise,” Mr. Lupica said in the statement. “Over the course of three decades in the business, Bob has built relationships and a level of expertise that has proven invaluable for our clients and his colleagues.”

For more details on Chubb appointments since the Ace/Chubb merger was announced, click here.