WHITEHOUSE STATION, N.J., May 6, 2022
/CNW/ -- Chubb today announced that Paul
Johnstone will assume the role of Country President of the
company's business operations in Canada, subject to regulatory approvals.
Currently, Mr. Johnstone serves as Chief Operating Officer in
Canada. In his new role, which
becomes effective July 1, Mr.
Johnstone will have executive operating responsibility for the
organization's retail property and casualty insurance business,
including its high-net-worth personal lines and accident and health
offerings for Canadian-based clients served by independent brokers
and agents.
Mr. Johnstone succeeds John
Alfieri, who will retire from Chubb in July after serving
the company for nearly two decades. Mr. Johnstone will report to
Chris Maleno, Senior Vice President,
Chubb Group and Division President,
North America Field Operations.
"With nearly 30 years in the Canadian insurance market, Paul is
poised to take on his new leadership role," said Mr. Maleno. "His
background is broad and deep, with experience in underwriting,
marketing and distribution across key client segments and product
groups. Chubb has a reputation for its deep management bench, and
Paul's promotion demonstrates the strength of our leadership team
in our diverse and thriving businesses in Canada."
Mr. Maleno added, "John has been a tremendous colleague and
influential leader throughout his career at Chubb. He joined the
company in 2004 and played many pivotal roles, including developing
the New York Region into what it is today and shaping our Client
Executive team and overall field structure for our division that
serve large national and multinational commercial clients. Under
John's leadership, Chubb's Canadian commercial and personal lines
of business have experienced significant growth, in turn preparing
his successor to further that upward trajectory. We thank John for
his many contributions and wish him the very best in his
retirement."
Mr. Johnstone has nearly three decades of experience in the
Canadian insurance market, spanning the reinsurance and P&C
sectors. Prior to ACE's acquisition of Chubb in January 2016, he served as Senior Vice President,
of Chubb's Personal Risk Services business in Canada, where he oversaw the modernization of
its operating systems and strategic expansion of distribution. He
joined Chubb in 1994 as an associate in Commercial Insurance. Mr.
Johnstone holds a Bachelor of Arts degree from the University of Windsor and holds a CRM and a
Certificate in Public Administration.
About Chubb
Chubb is the world's largest publicly
traded property and casualty insurance company. With operations in
54 countries and territories, Chubb provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. As an underwriting company, we assess,
assume and manage risk with insight and discipline. We service and
pay our claims fairly and promptly. The company is also defined by
its extensive product and service offerings, broad distribution
capabilities, exceptional financial strength and local operations
globally. Parent company Chubb Limited is listed on the New York
Stock Exchange (NYSE: CB) and is a component of the S&P 500
index. Chubb maintains executive offices in Zurich, New
York, London, Paris and other locations, and employs
approximately 31,000 people worldwide. Additional information can
be found at: www.chubb.com.
Chubb Insurance Company of Canada has offices
in Toronto, Calgary, Montreal and Vancouver and
provides its products and services through licensed insurance
brokers across Canada. For additional information,
visit: chubb.com/ca.
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SOURCE Chubb