Latest news with #GlobalSurety
Yahoo
7 days ago
- Business
- Yahoo
Chubb appoints new president and CUO of Global Surety
Global insurer Chubb has promoted Steve Haney to the role of president and chief underwriting officer (CUO) of Global Surety. Haney brings almost three decades of underwriting experience. He most recently served as vice-president, Chubb Group, and division president, North America Surety and chief underwriting officer, Global Surety. In this role, Haney will have executive operating responsibility for strategy, underwriting, and profit and loss (P&L) across Chubb's Global Surety business. He will report to Juan Luis Ortega, executive vice-president, Chubb Group and president of North America Insurance, and Paul McNamee, executive vice-president, Chubb Group and president of overseas general insurance. McNamee said: "With Steve's strategic insight and proven ability to implement innovative solutions, he is well-equipped to lead continued growth and strengthen our global surety capabilities." Following Haney's promotion, Teresa Black will step into the role of division president of North America Surety. Black brings 28 years of insurance industry experience, most recently as executive vice-president and chief operating officer (COO) of North America Surety. Previously the executive vice-president and COO for the same division, she brings more than two decades of experience within Chubb to her new role. Her responsibilities will encompass executive oversight and financial accountability for the North American sector, with dual reporting to Haney and Scott Meyer, senior vice-president and chief operating officer of North America Insurance at Chubb. Meyer stated: "With Teresa's exceptional and diverse underwriting expertise, over a decade of proven leadership including serving as chief operating officer in our Surety business, and her distinguished career in multiple facets of this business including financial lines and regional operations, she embodies the qualities needed to drive continued success for us and our clients.' "Chubb appoints new president and CUO of Global Surety " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Malaysian Reserve
12-08-2025
- Business
- Malaysian Reserve
Chubb Announces Key Leadership Appointments in Surety's Global and North America Businesses
Steve Haney promoted to President and Chief Underwriting Officer, Global Surety Teresa Black promoted to succeed Haney as Division President, North America Surety ZURICH, Aug. 11, 2025 /PRNewswire/ — Chubb Limited (NYSE: CB) today announced that Steve Haney, Vice President, Chubb Group and currently Division President of North America Surety and Chief Underwriting Officer of Global Surety, has been promoted to President and Chief Underwriting Officer (CUO) of Global Surety. Steve will be succeeded by Teresa Black, Executive Vice President and Chief Operating Officer of North America Surety, who has been promoted to Division President of North America Surety. Both appointments are effective immediately. In this new role, Steve will have executive operating responsibilities for strategy, underwriting, and Profit and Loss (P&L) across Chubb's Global Surety business. He will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President of North America Insurance, and Paul McNamee, Executive Vice President, Chubb Group and President of Overseas General Insurance. 'Steve's depth of experience in global surety sets him apart as a driving force in the industry, making him uniquely qualified to shape our strategy and deliver exceptional value to clients,' said Ortega. McNamee added, 'With Steve's strategic insight and proven ability to implement innovative solutions, he is well-equipped to lead continued growth and strengthen our global surety capabilities.' Teresa's new role will have executive oversight and P&L responsibility in North America. She will report to both Steve Haney and Scott Meyer, Senior Vice President, Chubb Group and Chief Operating Officer (COO) of North America Insurance. 'With Teresa's exceptional and diverse underwriting expertise, over a decade of proven leadership including serving as Chief Operating Officer in our Surety business, and her distinguished career in multiple facets of this business including financial lines and regional operations, she embodies the qualities needed to drive continued success for us and our clients,' said Meyer. Steve has nearly 30 years of underwriting experience and previously served as Executive Vice President for ACE's Surety business worldwide (now Chubb). Steve joined the company in 1997 as a surety underwriter and has served in positions of increasing responsibility in underwriting and product development. Teresa has 28 years of insurance industry experience and most recently held the role of COO, North America Surety. She has over two decades of experience with Chubb, and previously served as Senior Vice President of Distribution Management, Vice President and National Segment Leader for New York, and Assistant Vice President of Chubb's Financial Lines business. About ChubbChubb is a world leader in insurance. 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. The company is 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 employs approximately 43,000 people worldwide. Additional information can be found at: Media Contact[email protected]
