Chubb faucets division president for worldwide common insurance coverage operation

World P&C insurance coverage firm Chubb has introduced the appointment of Frederico Spagnoli (pictured above) as division president of shopper traces for Abroad Common Insurance coverage, the corporate’s worldwide common insurance coverage operation.

Within the newly created position, Spagnoli might be answerable for Chubb’s shopper traces in 51 nations and territories. Spagnoli will step into the position efficient Jan. 15. He’ll report back to Juan Luis Ortega, government vp of Chubb Group and president of Abroad Common Insurance coverage.

Spagnoli has greater than 20 years of trade expertise. He joins Chubb from Prudential Monetary, the place he served as CEO of Absolutely Ecosystem, a wellness fintech enterprise.

Previous to main Absolutely Ecosystem, he served as regional president for Latin America at Prudential Monetary. Spagnoli additionally spent practically 13 years at AIG, holding positions together with regional shopper CEO for EMEA and India, regional shopper traces head for Latin America, and private traces regional vp for Latin America. He additionally held management roles in Japan and South Korea.

“Frederico is a seasoned government who brings important expertise constructing and main shopper insurance coverage and digital companies throughout Asia, Europe and Latin America,” Ortega mentioned. “He’s becoming a member of Chubb at an thrilling time for our shopper companies, which convey collectively a novel mixture of product distribution and know-how capabilities.

“On this new position, Frederico will present management as we give attention to optimizing and leveraging the total strengths of our shopper providing, from our broad vary of private traces and A&H merchandise to our direct advertising and marketing platform, relationships with brokers and brokers, and B2B2C digital distribution partnerships by Chubb Studio. We’ve got substantial runway for progress in Asia-Pacific, Latin America and Europe, and Frederico has the observe report and experience to assist us notice the mixed potential of our shopper enterprise.”

Spagnoli holds a regulation diploma from Universidad del Salvador, an MBA in administration and finance from Washington College in St. Louis, and a postgraduate diploma in technique and innovation from the College of Oxford. He holds the Chartered Property Casualty Underwriting designation.

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