Chubb targets further E&S growth through Westchester and Lloyd’sGlobal insurance giant Chubb has identified E&S as a segment to be targeted for revenue growth, according to an investor presentation earlier this month.
James River the outlier to strong E&S GWP growth in Q3Public E&S-focused companies on the whole continued to post strong top-line growth in the third quarter, although rates are now moderating for most.
CEOs optimistic about E&S opportunities in 2023Insurance carrier executives were generally upbeat about the E&S market in commentary on third quarter earnings calls, highlighting property opportunities resulting from Hurricane Ian but also raising some areas of concern.
Chubb appoints Meyer and Booker to property leadership rolesChubb has promoted Bob Meyer and Matt Booker to leadership positions in its North America property business unit and Westchester wholesale excess and surplus lines division, respectively.
Roberts succeeds retiring Charlton as Westchester small business SVPWestchester, Chubb’s wholesale E&S insurance business, has appointed Dave Roberts as senior vice president of its small business division.
Kessler to retire from Westchester as Meyer steps upScott Meyer will take over as the president of Chubb’s E&S insurance platform Westchester with Bruce Kessler moving to a chairman role at the unit before retiring at the end of the year. Meyer will be replaced as president of Chubb’s North America financial lines business by Steven Goldman.