Chubb, a publicly traded property and casualty insurance company with operations in 54 countries and territories, has appointed Mark Homan as division president, international property and casualty, for overseas general insurance.
Homan, who currently serves as chief operating officer for the division, will assume his new role on June 1.
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, exceptional financial strength, broad distribution capabilities and local operations globally. It’s a part of the S&P 500 index, with its parent company, Chubb Limited, listed on the New York Stock Exchange (NYSE: CB).
Stepping into his new role, Homan brings with him three decades of insurance industry experience. He will be responsible for Chubb’s international commercial property and casualty (P&C) insurance business, including property, casualty, professional lines, energy and marine product lines. Prior to his current role, he held various management positions in Europe and the U.S., including roles at Allianz, AIG and Wüba. He is a graduate of Middlesex University with an Honours Degree in European Business Administration.
Homan will be succeeding Timothy O’Donnell, who is retiring from the company after 20 years of service. Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance, to whom Homan will report, said, “Mark is an experienced underwriter with deep international experience. Over the past 12 years at Chubb, he has successfully led our casualty business, helping to drive growth that has positioned Chubb as a market leader in one of our largest international P&C businesses.”
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