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7. Chubb announced changes in financial lines leadership


Executive leadership changes, whether new hires or promotions, continue to feature prominently among Business Insurance’s most-read stories, and Chubb Ltd.’s announcement of several changes at the top of its North American financial lines division was another example. 

In February, Chubb said it had promoted Leigh Anne Sherman, a 24-year veteran at the insurer, to division president of its third-party administrator, ESIS Inc. 

She previously held the role of executive vice president, leading private/not-for-profit management liability business in Chubb’s North American financial lines. 

Ms. Sherman, who is based in New York, replaced Keith Higdon, who left the company to become CEO of Mission Underwriting Managers LLC, a technology-driven property/casualty insurance platform in Scottsdale, Arizona. She was a 2017 Business InsuranceWomen to Watch honoree. 

The story on Chubb’s changes in leadership in its North American financial lines division including Ms. Sherman’s promotion was the seventh most read risk management story on Business Insurance’s website in 2021. 

Michael Mollica, an executive vice president based in New York, was appointed to take over Ms. Sherman’s role as the lead of private/not-for-profit management liability business. He previously led Chubb’s U.S. retail financial institutions management liability business. 

Stephen Troiano was named an executive vice president and appointed as Mr. Mollica’s successor, based in New York. 

No. 8 most read story