Ana Robic and Ben Rockwell Appointed Senior Vice President, Chubb Group; Company Announces Leadership for North America Lower Middle Market and Small Commercial Segments

Executive Appointments - Jason Ranucci has been named Head of North America Lower Middle Market, responsible for strategy, underwriting, and P&L for the lower middle market segment while maintaining executive underwriting responsibilities over Small Commercial [1] - Jeffrey Updyke appointed as Executive Vice President, North America Commercial Insurance & Digital Distribution, focusing on expanding Chubb's reach in the lower middle market and small commercial segments through broker distribution partners [1] - John DePeters appointed as Chief Underwriting Officer, Small Commercial, responsible for underwriting and portfolio management for North America Small Commercial Insurance [6] - Ana Robic and Ben Rockwell promoted to Senior Vice President, Chubb Group, retaining their current responsibilities as Division Presidents of North America Personal Risk Services and North America Middle Market respectively [5] Executive Backgrounds - Jason Ranucci joined Chubb in January 2023 as Global Chief Underwriting Officer, Small Commercial, with over 15 years of experience in commercial and personal lines at Travelers and corporate development at Aetna [11] - Jeffrey Updyke has over 30 years of insurance experience at Chubb, having held various leadership roles including Head of North America Lower Middle Market and Division President, Chubb Small Business [12] - John DePeters joined Chubb in 2013, with experience in cyber, technology, and media underwriting, and has held leadership roles in Asia-Pacific and North America [3] - Ana Robic has over two decades of insurance experience, serving as Division President, North America Personal Risk Services since 2021 and previously as Chief Operating Officer of the business [9] - Ben Rockwell has over 25 years of insurance experience, appointed Division President, North America Middle Market in 2019, with a career spanning various underwriting and leadership roles at Chubb [10] Company Overview - Chubb is a global insurance leader with operations in 54 countries and territories, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [4] - The company is known for its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally [4] - Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index, with executive offices in Zurich, New York, London, Paris, and other locations, employing approximately 40,000 people worldwide [4] Strategic Focus - The appointments aim to strengthen Chubb's leadership in the lower middle market and small commercial segments, leveraging the expertise of Jason Ranucci and Jeffrey Updyke to drive profitable growth [15] - Ana Robic and Ben Rockwell's promotions recognize their outstanding leadership in Chubb's core franchises, including Personal Risk Services and Commercial Insurance, with plans to continue growing these businesses [8]