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Chubb names financial lines leader

Michael Mollica

Chubb Ltd. on Monday named Michael Mollica division president for its North America financial lines business, replacing Steve Goldman, who has left the company.

New York-based Mr. Mollica, who joined Chubb about 15 years ago, previously was executive vice president, head of private/not-for-profit business for the division.

In his new role, he will head North American management and professional liability business, which includes directors and officers liability insurance, errors and omissions, and transactional liability.

He will report to John Lupica, vice chairman of Chubb Group and president, North America Insurance.

Mr. Goldman was named head of the North America financial lines division in 2020. A Chubb spokesman did not immediately respond to a request for more information.