Chubb Names John Lupica, Paul Krump to New Executive Positions

Chubb Ltd. has named John Lupica president, North America insurance, and Paul Krump vice chairman, global underwriting and claims.

Mr. Lupica is currently vice chairman, Chubb Group and president, North America major accounts and specialty insurance. Mr. Krump is currently executive vice president, Chubb Group and president, North America Commercial and Personal Insurance.

Both appointments are effective September 1, and both executives will report jointly to Evan G. Greenberg, chairman and chief executive officer, and to John Keogh, executive vice chairman and chief operating officer.

In his new role, Mr. Lupica will have executive responsibility for all Chubb general insurance business in the United States, Canada, and Bermuda, including commercial property-casualty, personal lines, agriculture, and accident and health insurance. His responsibility will include all products, underwriting, marketing and sales, claims, actuarial, and support functions related to those business lines.

"I have worked with John Lupica for many years. He has grown in that time to become an outstanding leader and insurance professional. His track record of success building, managing, and leading businesses speaks for itself," Mr. Greenberg said in a statement. "From managing professional lines, to major accounts, to Chubb Bermuda, to Westchester, and finally to assuming responsibility for our field operations and agriculture insurance business, over the years John has proven his ability to learn, lead, grow, and make better any business he touches."

In his new leadership role, Mr. Krump will oversee high-level underwriting policy and standards-setting, and provide operational direction and oversight in underwriting execution across Chubb's property-casualty insurance product lines, which include commercial P&C, personal lines, and accident and health insurance globally.

In his new role as the company's executive underwriting and claims officer, Mr. Krump will maintain and enhance the company's global underwriting standards, rules, authorities, and risk management. In partnership with the presidents of the company's North American and international P&C operations, Mr. Krump will share accountability for underwriting standards and the profitability of the P&C books of business. The global underwriting and corporate underwriting functions will report to Mr. Krump, and he will supervise the global product boards, portfolio management processes, and underwriting audits.

In addition, Mr. Krump will retain his current senior executive responsibility for global claims and risk engineering for Chubb.

"Chubb has a much-deserved reputation for underwriting, claims, and engineering excellence," Mr. Greenberg said in a statement. "We are an instructively critical organization, and we strive for constant improvement and excellence. Paul's appointment, most assuredly, will make us even stronger."