Chubb Appoints Matt Merna Chief Operating Officer of North America Major Accounts

In this newly-expanded role, Mr. Merna will assist in overseeing the day-to-day operations for Major Accounts, and will also be responsible for exploring ways to further expand the company's wide range of core and specialty products, services and coordinated account management to the large account market. He will continue reporting to Chris Maleno, Senior Vice President of Chubb Group and Division President of Chubb North America Major Accounts, and continue to be based in New York City.

"The complexity of our clients' businesses within this segment requires tailored solutions," Mr. Maleno said. "As our customers' risk management needs continue to evolve, it's important we ensure the right resources are in place to address their specific needs. Matt's industry knowledge and extensive experience in working with large companies make him ideal for this expanded position. He represents the strong leadership we have at Chubb, and I am excited to work closely with him to further grow our Major Accounts business through our world class underwriting, service, claims support and the global program coordination we provide to the large account market."

Since 2010, Mr. Merna has been serving as Senior Executive Vice President of Chubb Global Casualty. He will continue responsibility for that role, which includes providing a full range of domestic and foreign casualty coverage offerings and servicing solutions to large national and multinational companies.

Mr. Merna joined ACE Group in 2000, prior to the merger between ACE and Chubb in 2016. During his tenure, Matt held various senior leadership positions, including President of the Financial Solutions line of business and President of ACE Risk Management. Earlier in his career, he served in a range of management roles in public accounting and at a large global insurance company in New York and Europe.

He received his Bachelor of Science degree in Accounting from West Virginia University.

About Chubb's North America Major Accounts Business
North America Major Accounts serves the risk management segment of large U.S. and Canadian-based companies that require tailored coverage solutions for some of the most complex global risks, often involving global underwriting expertise in regulation, loss assessment and mitigation, and claims handling supported through coordinated relationship management. The division is dedicated to working collaboratively with clients and their brokers in delivering differentiated solutions through its extensive global services and claims operations.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: chubb.com.

SOURCE Chubb

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