Core Viewpoint - Chubb Limited has announced the promotion of Steve Haney to President and Chief Underwriting Officer of Global Surety, with Teresa Black succeeding him as Division President of North America Surety, effective immediately [1][2][3]. Group 1: Leadership Changes - Steve Haney has been promoted to President and Chief Underwriting Officer of Global Surety, taking on executive operating responsibilities for strategy, underwriting, and Profit and Loss (P&L) across the Global Surety business [1][4]. - Teresa Black has been promoted to Division President of North America Surety, having previously served as Executive Vice President and Chief Operating Officer of North America Surety [1][3]. Group 2: Executive Responsibilities - In his new role, Steve Haney will report to Juan Luis Ortega and Paul McNamee, both Executive Vice Presidents of Chubb Group [4]. - Teresa Black will have executive oversight and P&L responsibility in North America, reporting to both Steve Haney and Scott Meyer [5]. Group 3: Experience and Qualifications - Steve Haney brings nearly 30 years of underwriting experience, having joined the company in 1997 and served in various roles, including Executive Vice President for ACE's Surety business [7]. - Teresa Black has 28 years of insurance industry experience, with over two decades at Chubb, and has held multiple leadership roles within the company [8].

Group 1 - Chubb is launching a new engineering center in Bogotá, Colombia, scheduled to open in October 2025, to enhance its technological capabilities and customer experience [1] - The Bogotá center will focus on software development, data analytics, artificial intelligence, and infrastructure, prioritizing roles in software engineering, network and data center infrastructure, and network security [2] - The initiative aims to leverage local engineering talent and expertise to develop tailored products and services for Latin American and North American clients, supporting Chubb's strategic growth [2] Group 2 - Chubb operates in 54 countries and territories, providing a wide range of insurance products including commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [3] - The company employs approximately 43,000 people worldwide and is listed on the New York Stock Exchange as a component of the S&P 500 index [3]