Chubb Announces Management Appointments for its Life and General Insurance Operations Globally

ZURICH, Oct. 3, 2017 /PRNewswire/ -- Chubb Limited announced today several management appointments for its general and life insurance operations globally.

Cunqiang Li has been named Chief Operating Officer of Chubb Life, the company's international life insurance division.  Currently Chairman and CEO of Huatai Life, a joint venture between Chubb and the Huatai Insurance Group in China, Mr. Li will be based in Hong Kong and will focus on leading the day-to-day operations of Chubb Life's Asian life insurance entities, in addition to continuing to provide governance oversight to the operations of Huatai Life.  Mr. Li will report to Russell Bundschuh, Senior Vice President, Chubb Group and President, Chubb Life.

Kevin Goulding has been named President of Combined Insurance, the company's agency and worksite-based personal accident and supplemental health insurance company.  Currently Regional President, Asia Pacific, of Chubb Life, Mr. Goulding will be responsible for all management aspects of this business, which has operations in the United States and Canada. He will be based in Chicago and will report to Ed Clancy, Executive Vice President of Chubb Group, Global Accident & Health and Life.  

Brad Bennett has been named Regional President of the company's Far East operations in Japan.  Currently Senior Vice President, Chubb Group and President, Combined Insurance, Mr. Bennett will be responsible for the management and business results for all general insurance operations including property and casualty, accident and health, and personal lines.  He will be based in Tokyo and will report to Juan C. Andrade, Executive Vice President, Chubb Group and President, Overseas General Insurance. 

Jeff Hager has been named Regional Chief Operating Officer of the Pacific Region in the United States.  Currently Regional President, Far East, Mr. Hager will provide management oversight for the regional underwriting and sales strategies in the seven branches of the region which include Los Angeles, San Francisco, Newport Beach, San Ramon, Seattle, Portland and Phoenix.  Mr. Hager will be based in San Ramon, where he will also lead that branch, and report to Jim Darling, Regional Executive Officer for the Pacific Region.  

Chris Martin has been named Chief Operating Officer of Combined Insurance.  Mr. Martin is currently President of Chubb Workplace Benefits, the worksite division of Combined Insurance, and he will continue with these responsibilities.  He is based in Chicago and will report to Mr. Goulding.

All of the appointments are effective December 1.

"One of Chubb's greatest strengths is the experience and depth of our management team globally, which is fully evident in the leadership appointments we announced today," said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb. "The executives who will be moving into new roles – Cunqiang Li, Kevin Goulding, Brad Bennett and Jeff Hager – each has strong technical and leadership expertise, as well as an internationalist's perspective earned from working and living in different countries and regions.  We identified and brought Cunqiang Li to our joint venture with Huatai Life and have worked closely with him over the years.  So, we are delighted to welcome him to this new and important role with Chubb Life.  Kevin, Brad, Jeff and Chris have each made important contributions to the management and performance of their respective businesses, and we're pleased to give them the opportunity to bring their experience and energy to their new responsibilities."

Cunqiang Li has more than 25 years of insurance industry experience. Mr. Li joined Beijing-based Huatai Life in 2012 as CEO and President and was named Chairman and CEO in 2016.  Prior to joining Huatai, he held positions of increasing seniority and responsibility at Mass Mutual for 10 years, most recently as Mass Mutual International's Senior Managing Director and CFO.  He began his financial career in public accounting.  Mr. Li holds a BS degree from Northwest Normal University of China and a Master's degree from McGill University in Toronto.

Kevin Goulding has more than 25 years of insurance industry experience.  He was appointed Regional President, Asia Pacific, of ACE Life in 2012, a position he retained after ACE acquired Chubb in 2016 and adopted the Chubb name globally.  Prior to joining Chubb Life, Mr. Goulding was CEO of AIG China.  At AIG, he held several other senior management roles over 13 years throughout Asia, including serving as President and CEO of American Home Assurance in Singapore.  Mr. Goulding began his career as an agent with Allstate Insurance Company.  He received his BS degree from Ithaca College.  

Brad Bennett has more than 30 years of insurance industry experience.  He joined the company in 2012 as President of Combined Insurance after more than 17 years with AIG.  Working primarily in Asia, Mr. Bennett started with AIG in Thailand, held senior positions in Korea and Malaysia, and in his last position served as Chief Operating Officer and Head of Distribution for Chartis Companies Japan. Mr. Bennett began his career as an agent with Allstate in the U.S. and held a number of field sales management positions there.  He received his BS degree from California State University.

Jeff Hager has more than 25 years of insurance industry experience in Asia and North America. In 2011, he joined ACE as Regional President, Far East, a position he retained after ACE acquired Chubb. Previously, Mr. Hager was National Sales Leader with Fireman's Fund Insurance Company in Dallas. Prior to that, he served in executive leadership positions at AIU, including Executive Vice President in charge of the company's P&C and A&H insurance company in Japan. Mr. Hager has also held management positions in sales, distribution, marketing and claims over 14 years in the U.S.  He began his insurance career in 1991 as Claims Adjuster at Safeco in Denver.  He received his BS degree from Kansas State University.

Chris Martin has more than 20 years of insurance industry experience.  He joined Combined Insurance in 2011, bringing with him extensive experience in management and development of worksite-style businesses. Mr. Martin spent 17 years with Trustmark, where he helped build and lead the company's voluntary business unit.  He received his BA degree from Yale University and his Master's degree from the Kellogg School of Management at Northwestern University.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.

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SOURCE Chubb Limited