The property and casualty insurer is making several senior management changes at its business in Asia Pacific, effective July 1, while launching a new division, it announced on Friday.
Country president for Chubb's general insurance business in Korea, Edward Ler, will take on a new role as head of Southeast Asia, responsible for the general management and business results in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
Ler joined Chubb in 2013. His 18-year career in the insurance industry spans a variety of managerial roles covering the Asia Pacific, the Middle East and European markets. He will relocate to Singapore for his new role and continue to report to Paul McNamee, Chubb's regional president for Asia Pacific.
New Division
Ler replaces Glen Browne, who was appointed division president of consumer lines, Asia Pacific, a newly created role to oversee the accident and health and personal lines businesses in the region.
Browne, who brings 25 years of industry experience, will also have oversight for direct marketing, consumer partnerships and digital distribution for both the company's general and life insurance divisions in Asia Pacific. He reports to McNamee and will work closely with Brad Bennett, Chubb Life's chief operating officer.
McNamee said the new division is «a response to the evolving customer and growing partnership dynamics of [Chubb's] business, which will necessitate the sharing of data, technology and talent to deliver superior customer and partnership outcomes.»
New Korea Chief
Taking over Ler in Korea is Edward Kopp, who is currently the firm's regional head for accident and health since 2019. He continues to report to McNamee in his new capacity.
Kopp has more than 25 years of experience in the financial services industry, including distribution, product development, underwriting, channel management, and has a deep understanding of the Korean market. Prior to joining Chubb in 2012, he held several leadership roles at leading banking and insurance firms.
Promotion for Deputy
Kopp's deputy, Ben Howell will replace him as regional head of accident and health, Asia Pacific. Howell will continue to be based in Singapore and report to Browne, in the latter's new role as Division President - Consumer Lines, Asia Pacific.
Mr. Howell has deep experience across both commercial and consumer insurance, with underwriting, product development, partnership and distribution management expertise spanning diverse product classes. He began his career with the company in Australia, then known as ACE, in 2002 before re-joining in 2016.