Chubb

Chubb, Globally Renowned Fire Safety and Security Business, Selects IRONSCALES to Replace SEG for Enterprise Email Security Solution

Retrieved on: 
Tuesday, December 5, 2023
Software, Networks, Internet, Artificial Intelligence, Data Management, Technology, Mobile, Wireless, Security, Safety, Organization, Attack, Research, Machine learning, Ademco Security Group, CISO, AI, VIP, Environment, Medical device, Risk management, Online shopping, Chubb

“We needed an email security solution, which would protect our organization from the advanced phishing attacks that have been escalating in today’s cybersecurity landscape.

Key Points: 
  • “We needed an email security solution, which would protect our organization from the advanced phishing attacks that have been escalating in today’s cybersecurity landscape.
  • IRONSCALES gives us an edge on these sophisticated cyber threats, offering us protection, confidence, and peace of mind,” said Lee Cartmell, CISO, Chubb Fire & Security Group.
  • “With IRONSCALES, our IT department isn’t just getting an email security tool, they are getting instant feedback from thousands of other IT and security professionals too.
  • The IRONSCALES platform stops the most elusive phishing attacks that breach perimeter defenses including native cloud-hosted email security controls.

AXIS Names Stan Galanski to Its Board of Directors

Retrieved on: 
Monday, December 4, 2023
Insurance, Professional Services, AXS, Sale, Canadian Forest Navigation Group, Acquisition, Axa XL, NYSE, Vulnerability and Risk Committee, AXIS, AIG, Capital, Chubb, Management

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Stan Galanski to the Company’s Board of Directors.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Stan Galanski to the Company’s Board of Directors.
  • Effective January 1, 2024, Mr. Galanski will join the Board and will serve on its Risk Committee.
  • “Stan is an outstanding addition to our Board of Directors, bringing more than 40 years of experience in the property and casualty space as a public company CEO and with C-Suite roles at leading major and mid-size insurance carriers,” said Henry Smith, Chair of the Board of Directors at AXIS.
  • Over the past six years, the Company has added nine new Directors to the Board (including Mr. Galanski).

APi Group Provides Update on Chubb Value Capture Progress

Retrieved on: 
Monday, November 27, 2023
Engineering, Security, HVAC, Technology, Manufacturing, Construction & Property, Building Systems, API, NYSE, Adjustment, Culture, Fine chemical, Chubb

Russ Becker, APi’s President and Chief Executive Officer, stated, “The leaders in our international business continue to deliver organic growth and margin expansion while executing on our Chubb value capture plan.

Key Points: 
  • Russ Becker, APi’s President and Chief Executive Officer, stated, “The leaders in our international business continue to deliver organic growth and margin expansion while executing on our Chubb value capture plan.
  • I’m pleased that we are now in a position to increase the Chubb value capture target by 25% to $125 million.
  • We expect that we will continue our 1:1, or better, cost-benefit ratio and spend up to $125 million in total to capture these savings.
  • I look forward to updating you early in the new year on our continued progress, our year end 2023 results, and our 2024 guidance.”

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Retrieved on: 
Monday, November 20, 2023
Technology, Insurance, Finance, Fintech, Banking, Professional Services, Software, Data Analytics, Data Management, Artificial Intelligence, Hitachi, LLM, Research, TBM, Madison Avenue, Organization, Enterprise architecture, Russell Page, Zions Bancorporation, IBM, Artificial intelligence, Culture, BFSI, Chubb Limited, Ecosystem, ISG, Credit One Bank, Liberty Mutual, Everyday Life, Financial services, Technology Business Management Council, Automation, Operation, Digital product design, Operations and technology management, Growth, AI, Customer experience, Risk management, Management, Life, Infinite, Allstate, Chubb, Nationwide

ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.

Key Points: 
  • ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.
  • “Economic uncertainty has put a laser focus on costs,” said Owen Wheatley, ISG lead partner for Banking and Financial Services and co-host of the event.
  • “As policyholders seek fast, personalized services, data-driven technology opens doors for hyper-personalized offerings,” said Dennis Winkler, Insurance practice lead for ISG and co-host of the event.
  • The ISG TechXchange: Banking, Financial Services and Insurance event is sponsored by Hitachi Vantara, Infinite, IBM and Xebia.

AM Best Affirms Credit Ratings of Chubb Perú S.A. Compañía de Seguros y Reaseguros

Retrieved on: 
Friday, November 10, 2023
Banking, Professional Services, Insurance, Finance, ERM, Chubb Limited, Credit, AM Best, Health, Chubb, News, ALL, Risk management

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Chubb Perú S.A. Compañía de Seguros y Reaseguros (Chubb Peru) (Lima, Peru).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Chubb Perú S.A. Compañía de Seguros y Reaseguros (Chubb Peru) (Lima, Peru).
  • Conversely, the ratings could be downgraded if AM Best determines that the strategic importance of Chubb Peru to its group has diminished.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Regional Management Corp. Mourns Passing of Board Member Philip Bancroft

Retrieved on: 
Friday, November 10, 2023
Banking, Professional Services, Finance, NYSE, Temple University, Chubb Limited, Ethics, Friends, Business administration, Chubb, PwC, Family, Knowledge, Management, Region

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, issued a statement today announcing the loss of board member, Philip Bancroft, who unexpectedly passed away earlier this month.

Key Points: 
  • Regional Management Corp. (NYSE: RM), a diversified consumer finance company, issued a statement today announcing the loss of board member, Philip Bancroft, who unexpectedly passed away earlier this month.
  • “We are deeply saddened by Phil’s sudden and untimely passing,” said Carlos Palomares, Chair of the Board of Directors of Regional Management Corp. “He was a well-respected member of the Board who brought to us a wealth of knowledge and experience, a keen business sense, strong ethics, calm wisdom, and sound judgment.
  • On behalf of the directors, management, and employees of Regional, we extend our heartfelt condolences to Phil’s family during this difficult time.”
    Mr. Bancroft served on the Regional Management Board of Directors since January 2022, including most recently as Chair of the Board’s Audit Committee and as a member of the Board’s Risk Committee.
  • In addition to serving on Regional Management’s Board, Mr. Bancroft served on Saint Joseph’s University Haub School of Business/Advisory Board for Insurance Risk Management and various other non-profit boards.

Chubb Appoints Federico Spagnoli to Lead Consumer Lines for its International General Insurance Operations

Retrieved on: 
Tuesday, December 12, 2023
Prudential Financial, Spagnoli, Chartered Property Casualty Underwriter, Insurance, Postgraduate diploma, Federico, Chubb Limited, Region, AIG, Health, Chubb, MBA, University, Growth, CPCU, Airline

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations. He joins Chubb from Prudential Financial, where he served as Chief Executive Officer of Fully Ecosystem, a wellness fintech venture. In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations.
  • In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.
  • Chubb's international consumer lines comprise a broad range of personal property and casualty insurance products as well as personal accident, supplemental health and travel insurance.
  • Spagnoli will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance.

Tripadvisor Group names Kristen Dalton as President of the Tripadvisor Core Business

Retrieved on: 
Tuesday, December 12, 2023
Vistaprint, FP, Multimedia, AXA, Marketing, Partex Group, TheFork Australia, Viator, Chubb, Houlihan Lokey, Zurich Insurance Group, Tripadvisor, Orientation, Mechanics, Travel, P&C, Restaurant, Management

NEEDHAM, Mass., Dec. 12, 2023 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that Kristen Dalton will be appointed President of the Tripadvisor Core business on January 1, 2024, reporting to Matt Goldberg, CEO of Tripadvisor Group. Dalton most recently served as COO of the Tripadvisor Core business where she has been instrumental in setting the organization's strategy to transform the business.

Key Points: 
  • NEEDHAM, Mass., Dec. 12, 2023 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that Kristen Dalton will be appointed President of the Tripadvisor Core business on January 1, 2024, reporting to Matt Goldberg, CEO of Tripadvisor Group.
  • Dalton most recently served as COO of the Tripadvisor Core business where she has been instrumental in setting the organization's strategy to transform the business.
  • Dalton has been with the company since 2019, initially serving as Vice President of FP&A for the Tripadvisor Group, where she led the financial and operational planning function.
  • In her new role, Dalton will continue to oversee strategy and operations for the Tripadvisor Core business, including execution across product, technology, sales, and marketing.

Chubb and Wharton Executive Education Train the Next Generation of High-Net-Worth Focused Agents and Brokers

Retrieved on: 
Thursday, December 7, 2023
Distribution, Organization, Risk management, Executive education, Wine, History, Insurance, CAPI, Chubb, Special needs, Collection, Curriculum, University, Jewellery, Knowledge, Key person insurance, Financial adviser

WHITEHOUSE STATION, N.J., Dec. 7, 2023 /PRNewswire/ -- Chubb today announced that 48 high-performing insurance agents and brokers have earned the Certified Advisor of Personal Insurance (CAPI) designation following the successful completion of a comprehensive educational curriculum created in collaboration with the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania.

Key Points: 
  • The inception of the CAPI program began 9 years ago and today helps high-performing insurance agents and brokers serve as trusted advisers to successful clients.
  • Chubb and Wharton Executive Education have trained a total of 369 insurance professionals during the history of the program, who hold the prestigious designation.
  • "Completion of the CAPI program is a mark of excellence for high performing agents and brokers who support the high-net-worth market," said Maria Johnson, North America Sales & Distribution Leader at Chubb.
  • Courses, which are taught by Wharton faculty, Chubb subject matter experts and other professionals, include "Understanding the Total Family Balance Sheet," "Collections" (e.g.

Chubb and NetSPI Launch Cyber Protection Partnership

Retrieved on: 
Tuesday, December 5, 2023
Organization, Risk, Learning, Insurance, Probability, ASM, Computer security, Partnership, BAS, Intelligence, Risk management, Property insurance, Chubb

WHITEHOUSE STATION, N.J., Dec. 5, 2023 /PRNewswire/ -- Chubb, the world's largest publicly traded property & casualty insurance company, has announced an innovative collaboration with NetSPI, a global leader in proactive security, to strengthen clients' cyber-risk profile via enhanced attack surface management and penetration testing solutions.

Key Points: 
  • "We're thrilled to empower Chubb clients to proactively confront cyber threats," said Aaron Shilts, President and CEO of NetSPI.
  • An advantage to the Chubb policyholder stemming from this partnership is the access to NetSPI's industry-leading proactive security technology and expertise allowing Chubb policyholders to keep pace with an ever-evolving risk environment.
  • ­
    Chubb offers insurance coverage for data breaches, network security, and other cyber risks, for over 20 years.
  • Chubb policyholders interested in learning more about NetSPI's offerings and rates can submit a request via Chubb Cyber Services page here.