Chubb, a global leader in property and casualty insurance, has recently appointed Tim Benson as its new executive vice president and multinational insurance leader, effective October 30. Benson will be tasked with overseeing the strategy, product development, and business operations of Chubb’s multinational insurance segment. His responsibilities further extend to managing underwriting operations, profit and loss performance, and coordinating North American multinational programs with Chubb’s Global Services group. The insurance industry is watching with keen interest to see how Benson’s leadership will shape Chubb’s multinational operations.
Benson’s appointment comes as no surprise given his extensive experience in the insurance industry, which spans over 20 years with various leadership roles at Chubb. Before this new appointment, he was the executive vice president and chief revenue officer for the company’s middle market division. Between 2011 and 2019, Benson led the multinational team for middle market and small commercial underwriting. He also had a stint heading Chubb’s Global Services organization and started his career at Chubb in the corporate finance department back in 2005. Benson succeeds Laura Vest, who is retiring after two decades of dedicated service at Chubb. Vest played a significant role in multinational operations and the Dallas regional office, earning considerable respect for her leadership and valuable contributions. Her departure was met with earnest gratitude expressed by Matthew Merna, division president for North America major accounts at Chubb, and Ben Rockwell, division president of Chubb middle market.
Strategic Vision for Multinational Insurance
Chubb, a global leader in property and casualty insurance, recently named Tim Benson as its new executive vice president and multinational insurance leader, effective October 30. Benson will oversee strategy, product development, and business operations within Chubb’s multinational insurance segment. His duties include managing underwriting operations, profit and loss performance, and coordinating North American multinational programs with Chubb’s Global Services group. The industry is keenly observing how Benson’s leadership will influence Chubb’s multinational operations.
Benson’s appointment was anticipated due to his extensive two-decade experience in the insurance industry, largely in leadership roles at Chubb. Prior to this role, he was the executive vice president and chief revenue officer for Chubb’s middle market division. Between 2011 and 2019, he led the multinational team for middle market and small commercial underwriting. He also headed Chubb’s Global Services organization and began his career in Chubb’s corporate finance department in 2005. Benson succeeds Laura Vest, who is retiring after 20 years of dedicated service. Vest significantly impacted multinational operations and the Dallas regional office. Her departure was marked by heartfelt appreciation from Matthew Merna, division president for North America major accounts, and Ben Rockwell, division president of Chubb middle market.