Chubb Names Executive Chairman, President and COO of North America Insurance

Chubb Limited (NYSE: CB) today announced several executive appointments in its North American general insurance business. John Lupica, executive vice president of Chubb Group and president of North America Insurance, has been named executive chairman. Juan Luis Ortega, currently executive vice president of Chubb Group and president of Overseas General Insurance, has been named president of North America Insurance, succeeding Lupica. Scott Meyer, senior vice president of Chubb Group and president of the Westchester Division, a wholesale excess and surplus lines insurance company, has been named chief operating officer of North America Insurance, a newly created position reporting to Ortega.

As executive chairman, Lupica will provide executive oversight, including strategy, management and principal focus, for Chubb’s overall insurance business in North America. In his role as chairman, Ortega will have day-to-day operational responsibility for North America Insurance, both revenue and earnings. He will report to Lupica.

Christopher Maleno, senior vice president of Chubb Group, has been named vice president of North America Insurance. He will retain his current role as president of North America Field Operations, reporting to Ortega.

All appointments are effective immediately.

“These management changes and increased responsibilities recognize the size and complexity of our North America Insurance business, as well as our ambitions for its future growth and development. Chubb is the largest commercial and high-net-worth insurer in the United States, and our North America business is a large company in its own right. We are bringing an extremely strong team of experienced Chubb leaders to the top of the division,” said Evan G. Greenberg, Chairman and CEO. “John’s strategic ability, command of every aspect of our business, and his leadership, professionalism and dedication are exceptional. His knowledge and insight into insurance are unmatched.

“I am very pleased to appoint Juan Luis as President of our North American P&C franchise. I have worked with Juan for many years. During that time, he has become quite simply an outstanding executive and professional in the insurance industry. His leadership skills and track record of success in building and managing increasingly large and complex companies speaks for itself. He has consistently delivered outstanding financial results in our international P&C operations. Juan has earned this well-deserved recognition and my complete confidence.

“Scott is an exceptional executive and underwriter with over thirty years of experience in retail and wholesale property and casualty insurance. He is a leader and people follow him. He has successfully led key divisions of our company and is now ready to apply his proven operational management skills to our entire North American insurance business. It is an honor to congratulate Scott on this significant promotion.

“I have worked with Chris for more than 30 years. His sense of judgment and loyalty, combined with his talent and work ethic, are an outstanding example of Chubb’s leadership. I cannot imagine anyone more deserving of this recognition.”

John Keogh, President and Chief Operating Officer, commented: “John, Juan Luis, Scott and Chris have been my partners at the firm for almost 20 years and are, without a doubt, four of the most impressive insurance executives in the industry. Their collective experience, which is exceptionally deep and broad, represents a formidable management team in North America.

“After demonstrating his leadership capabilities across our Property & Casualty, A&H and Personal lines of business in 51 countries outside of North America, Juan Luis will now lead the day-to-day operations of a leading commercial property and casualty insurer in the U.S., with retail and wholesale businesses serving businesses of all sizes, from large accounts to middle market and small commercial businesses; a leading U.S. high net worth property and casualty business; and our leading agricultural insurance operation, which includes a leading national crop insurer. Juan Luis will be supported by Scott, who will serve as his deputy, bringing a wealth of property and casualty experience and business insight, and Chris, who brings more than three decades of experience, wisdom and leadership to our North American businesses, which is reflected in his new title.”

Juan Luis Ortega has over 25 years of experience in the insurance industry. In 2019, he was appointed Executive Vice President of Chubb Group and President of Overseas General Insurance. Previously, Ortega served as Regional President of Latin America from 2016 to 2019 and Regional President of Asia Pacific from 2013 to 2016. Ortega joined Chubb (ACE) in 1999 and rose through leadership positions in A&H and credit insurance in Miami, Puerto Rico and Mexico before being appointed Country President of Chile in 2005, where he was responsible for the company’s property and casualty, A&H and life insurance businesses in the country. He served as Senior Vice President and Regional Head of A&H for Asia Pacific and Latin America. Ortega holds a Bachelor of Science in Finance and Business Administration from Universidad Diego Portales in Chile.

Scott Meyer has nearly 35 years of experience in the insurance industry. In 2020, he was named senior vice president of Chubb Group and president of the Westchester Division, the company’s wholesale excess and surplus lines insurance business. Meyer joined Chubb’s North America Insurance in 2008 as executive vice president of professional risk and was promoted to division president of professional risk in 2012. He was then named division president of North America Financial Lines in 2016. Meyer has a bachelor’s degree in economics from New York University.

Christopher Maleno has more than 35 years of insurance industry experience. In 2018, he was named Senior Vice President of Chubb Group and Division President, Field Operations, North America Insurance. He previously served as Division President, North America National Accounts, from 2016 to 2018, and Division President, U.S. Retail P&C, from 2013 to 2016. Maleno joined the company in 2007 as Division President, Regional Operations, and served as Chief Operating Officer and President, Casualty Risk. Maleno began his insurance career with Chubb Corporation in 1988 and has held a number of positions in the commercial lines and middle market divisions. Maleno holds a Master of Business Administration from Columbia University and a Bachelor of Science in Finance from the University of Vermont.