Chubb Makes Important Executive Decisions in the Leadership of its Global and North American Surety Businesses
Teresa Black Promoted to Division President of North America Surety at Chubb Limited
Teresa Black, a distinguished insurance executive with over two decades of experience, has been promoted to Division President of North America Surety at Chubb Limited. Black, who most recently held the role of Chief Operating Officer (COO), North America Surety, will succeed Steve Haney in this position [1][2].
In her new role, Black will have executive oversight and P&L responsibility in North America. She will report to both Steve Haney, the newly appointed President and Chief Underwriting Officer (CUO) of Global Surety, and Scott Meyer, Executive Vice President, Chubb Group. Teresa Black's career in the insurance industry spans multiple facets, including financial lines and regional operations [3].
Black's proven leadership in Chubb's Surety business, which includes over a decade of service as COO, positions her well for this new role. She brings a wealth of experience and a strong track record of success to her new position [4].
Steve Haney, who has nearly 30 years of underwriting experience at Chubb Limited, has been promoted to President and CUO of Global Surety. He will report to Juan Luis Ortega and Paul McNamee, both Executive Vice Presidents at Chubb Group. Haney's responsibilities include shaping global surety strategy, driving underwriting excellence, and managing overall business performance worldwide in this segment [1][2][3][4][5].
Juan Luis Ortega, Executive Vice President, Chubb Group, believes that Haney's depth of experience in global surety qualifies him to shape strategy and deliver value to clients. Paul McNamee, Executive Vice President, Chubb Group, believes that Haney's strategic insight and ability to implement innovative solutions will enable him to lead growth and strengthen global surety capabilities [6].
Steve Haney joined Chubb Limited in 1997 as a surety underwriter and has since held positions of increasing responsibility in underwriting and product development [7]. Before his latest promotion, he served as Vice President and Division President of North America Surety and Chief Underwriting Officer of Global Surety. Haney previously served as Executive Vice President for ACE's Surety business worldwide (now Chubb) [4][5].
[1] https://www.chubb.com/news/press-release/2021/chubb-announces-executive-leadership-changes-to-its-global-surety-business [2] https://www.businesswire.com/news/home/20210504005669/en/Chubb-Announces-Executive-Leadership-Changes-to-Its-Global-Surety-Business [3] https://www.insurancebusinessmag.com/us/news/broking/chubb-promotes-steve-haney-to-global-surety-chief-underwriting-officer-178864.aspx [4] https://www.insurancejournal.com/news/national/2021/05/04/592236.htm [5] https://www.insurancebusinessmag.com/us/news/executive-moves/chubb-names-teresa-black-as-division-president-of-north-america-surety-178861.aspx [6] https://www.insurancejournal.com/news/national/2021/05/04/592236.htm [7] https://www.chubb.com/careers/our-leadership/executive-team/steve-haney
Read also:
- More than half of British homes adhere to insulation standards established during the 1970s.
- German Obsession with Luxury Vehicles Thriving Amid Traffic Congestion
- Ferrero, Nudossi, and other manufacturers face potential price hikes for Nutella due to an upcoming hazelnut crisis, and here's how they plan to react.
- Coastal men's disruptions of dolphin gatherings might lead to jail sentences
