Chubb, a publicly traded property and casualty insurance company, has appointed Frances O’Brien as executive vice president and chief risk officer.
Chubb provides property and casualty insurance personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
Currently, O’Brien is senior vice president, Chubb Group and deputy chief risk officer, a position she has held since January 2022.
In her new role, effective April 1, O’Brien will have executive responsibility for Chubb’s enterprise risk management organisation and the effective execution of the company’s enterprise risk strategies and processes.
Chubb’s current chief risk officer, Sean Ringsted, will continue to serve as executive vice president, Chubb Group and chief digital business officer.
According to Chubb, he will lead the expansion of the company’s digital business unit globally and having responsibility for the use of data and analytics to drive decision-making insights across the company. Chubb said he will remain a core member of the Risk Underwriting Committee.
Evan G. Greenberg, chairman and CEO of Chubb Limited, said, “”Fran is a seasoned executive with extensive underwriting, risk, actuarial and management experience. She has a long track record of success and I have every confidence in her ability to lead this important aspect of our company. Managing our own risk exposures well are foundational for a company in the risk business.
“This change in executive leadership responsibilities recognizes the significant opportunity we have to harness our resources and deploy cutting-edge technologies, including machine learning, artificial intelligence and large-scale data, to deliver business value and strategic advantage to Chubb’s businesses. Under Sean’s leadership we will also continue to expand Chubb’s digital product and service offerings.”
Earlier this year, Chubb entered into a 5-year partnership with Vietnam Technological and Commercial Joint Stock Bank (Techcombank).
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