2 August 2019Life

Chubb names president of overseas general insurance

Chubb has appointed Juan Luis Ortega as executive vice president of Chubb Group and president of overseas general insurance. He succeeds Juan Andrade, who is leaving the company.

Ortega is now responsible for Chubb's general insurance business in 51 countries outside North America, including commercial property and casualty, traditional and specialty personal lines and accident and health insurance. This includes all products, underwriting, claims, actuarial and support functions related to distribution through retail brokers in Europe, Asia Pacific, Japan, Latin America and Eurasia & Africa, and excess and surplus lines with distribution through brokers in the London wholesale market and Lloyd's.

Ortega was promoted from the role of senior vice president of Chubb Group and regional president for Latin America, and served as regional president of Asia Pacific from 2013 -2016. Before that he served as senior vice president of accident and health for the company's Asia Pacific region.

He joined ACE in 1999 and advanced through a series of accident and health and credit insurance management positions in Miami, Puerto Rico and Mexico, before being named country president of Chile in 2005.

Ortega reports to John Keogh, executive vice chairman and chief operating officer of Chubb.

Evan Greenberg, chairman and CEO of Chubb, noted that Ortega has assumed increased responsibility and demonstrated outstanding leadership and business acumen over the course of his 20 year long career at the company.

“I have every confidence in Juan Luis's experience and skills as a leader and manager to drive business results and build on the substantial presence and capabilities of our global business," said Greenberg.

Meanwhile Keogh praised his track record of accomplishment in multiple regions of the world, profitably growing Chubb’s business in Latin America and Asia Pacific the past 12 years.  “This is an exceptional opportunity for Juan Luis to now profitably grow our entire international general insurance franchise,” he added.