On July 21, 2020, Chubb Insurance announced that Tim Stapleton has been appointed the new Chief Financial Officer, Overseas General Insurance, the company's international insurance business in 51 countries.
Prior to taking up the new role of Deputy Chief Financial Officer at Chubb, Mr. Stapleton Senior Vice President, Cyber Insurance and Information Technology for Overseas General Insurance.
In his new role, Stapleton will have executive oversight of Chubb's management and professional responsibility firms. He will report to Timothy O & # 39; Donnell, Vice President of Chubb Group and Head of Commercial Real Estate and Accident, Overseas General Insurance.
In his new role, he succeeds Steven Goldman, who has been appointed Vice President of the Chubb Group and Head of North America's Financial Lines.
"Tim is a very experienced financial lines manager with excellent technical guarantee and leadership skills," said O & # 39; Donnell. "I look forward to working with him as we grow Chubb's international financial lines of presence and capacity."
"Chubb has gained a reputation as a leader in financial lines guaranteed globally with a deep pool of talented executives around the world," said Juan Luis Ortega, CEO, Chubb Group and CEO of Overseas Insurance. "This is obvious today. When Tim assumes this leadership role, I am convinced that his deep understanding of our customers' needs will help ensure the future profitable growth of this practice. "
Mr. Stapleton has more than 15 years of experience in insurance and management. He joined the company in 2015 from Zurich Insurance Group, where he served as Global Underwriting Manager for Professional and Management Responsibility, responsible for the development, implementation and maintenance of global technical standards for underwriting, product strategies and guidelines for the company's professional and management responsibilities. and cyber-sublines, before which Mr. Stapleton served as Zurich's Deputy Global Head of Professional Responsibility, where he developed and implemented technical standards for the company's corporate global portfolio of professional responsibility. He began his career at American International Group as a professional liability insurer.
Mr. Stapleton holds a bachelor's degree in music from the University of Miami, Coral Gables. He is a member of the International Association of Privacy Professionals (IAPP) and holds certified information Privacy Professional / USA. Stapleton is also a member of the Professional Liability Underwriting Society.