NEW YORK, April 7, 2016 /PRNewswire/ -- Chubb announced today that Robert C. Cox, Division Chairman of North America Financial Lines, will retire on July 1, 2016, bringing to a close a successful 35-year career with the company.
Upon Mr. Cox's retirement, Scott A. Meyer, Division President, North America Professional Lines, will lead the business. He will report to John Lupica, Vice Chairman of Chubb Group and President, North America Major Accounts and Specialty Insurance.
Mr. Cox joined Chubb as an underwriter in 1981. He was named Department Manager within three years and subsequently held a variety of management positions, including Assistant Vice President/Eastern Zone Manager, Vice President/Worldwide Professional Liability Underwriting Manager, Worldwide Manager of the Department, and Chief Underwriting Officer. He served as Executive Vice President of Chubb & Son and Chief Operating Officer, Chubb Specialty Insurance until ACE's acquisition of Chubb on January 14, 2016, when he was appointed Division Chairman of the North America Financial Lines business. Mr. Cox serves on the Northeastern Board of Directors for Operation Hope, a global nonprofit focusing on financial literacy among underserved children and adults.
Mr. Lupica said, "Bob's career at Chubb represents a remarkable journey that has seen Chubb's prominence in the professional and management liability space steadily rise. Over the course of three decades in the business, Bob has built relationships and a level of expertise that has proven invaluable for our clients and his colleagues."
Chubb is the leading Financial Lines insurer in the world, offering a diverse portfolio of management liability, professional liability and privacy/network security product offerings that crosses multiple industry verticals and geographical regions. This is supported by specialty underwriting expertise, an award-winning global servicing platform, and a broad distribution network spanning 54 countries — all backed by Chubb's financial strength and security.
Mr. Lupica continued, "Chubb's talent in Financial Lines is deep, and I'm pleased to see Scott lead the business upon Bob's retirement. I have tremendous confidence in Scott and the integrated team of leaders and professionals that has been put together. I believe this team is the best in the business and will continue to lead the market with world class products and services."
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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise 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: new.chubb.com.