Chubb Ltd. appointed John Lupica as president of North America's insurance business on Monday, when Paul Krump was named vice president, global underwriting and receivables.
Both appointments are effective September 1, and both executives jointly report to Chubb Chairman and CEO Evan G. Greenberg and John Keogh, Vice President and CEO, the Zurich-based insurance company said in a statement.
Mr. Lupica is currently Vice President, Chubb Group and President, North America's Head Accounts and Special Insurance, while Krump is currently Vice President, Chubb Group and President of North America's Commercial and Personal Insurance.
In his new position, which includes His current responsibilities, Mr. Lupica will lead Chubb's general insurance business in the United States, Canada and Bermuda including commercial property / personal injury, personal lines, agriculture and accident and health care.
Mr. Lupica will be responsible for all products, underwriting, marketing and sales, receivables, actuarial and support functions related to these business areas, Chubb said.
In his new role, Mr. Shrink to lead insurance and claims policy and implementation across Chubb's global property / non-life insurance product lines, including commercial lines, personal lines and accidents and health, Chubb said.
As Vice President, Global Insurance and Claims, Krump will maintain and strengthen the insurance company's global insurance standards, rules, authorities and risk management, Chubb said.
He will also retain his current CEO for Global Claims and Risk Technology, Chubb said.
Both executives will have their headquarters in Whitehouse Station, New Jersey.