Chubb Appoints Suresh Krishnan COO, of Accident & Health in the United States & Canada

 Eric Bartenstein Named Chief Underwriting and Digital Officer 

WHITEHOUSE STATION, N.J., Jan. 15, 2020 /PRNewswire/ — Chubb appoints Suresh Krishnan to Chief Operating Officer for its Accident and Health (A&H) business in the United States and Canada. In this newly created role, Mr. Krishnan will assist in overseeing the day-to-day operations of the business and report to James Walloga, Chubb’s Executive Vice President, North America Accident and Health.

In this capacity, Mr. Krishnan will be responsible for developing and implementing a range of strategies related to profitable growth for the business, including sales and distribution, claims and product development for the company’s large account and middle-market insurance segments. He will also oversee Chubb’s Canada A&H business. He will be based in New York.

Mr. Krishnan brings more than two decades of experience to his new role. Throughout his career, he has served in several senior leadership roles. Prior to this new position, he served as head of Europe’s Major Accounts Division, where he led the development of business strategies and oversaw the structures, processes and performance metrics that ensured clients and brokers fully benefited from Chubb’s risk and underwriting expertise, as well as its multinational network and services.

“Suresh is a strategic leader who has been with Chubb for quite some time and has a deep understanding of our business, our culture, and our clients’ needs,” said Mr. Walloga. “That background is a good reflection of our overall leadership team and is key to our consistent approach to bringing innovative products and services to market, while providing superior support to our distribution partners. I look forward to working with Suresh in his new role and further building upon our successes.”

Mr. Krishnan joined Chubb in 1999 and has held a variety of executive-level legal positions. Prior to the merger between ACE and Chubb in 2016, he led Chubb Overseas General Insurance Division’s multinational and large accounts strategy, where he assembled and oversaw cross-functional teams in Asia Pacific, Africa, Eurasia, Europe and Latin America. This included leading and managing the Global Client Executive Practice for Chubb’s Overseas General Insurance Division.

“This is yet another example of the depth of unmatched leadership that distinguishes Chubb,” said Joe Vasquez, Chubb’s Senior Vice President, Chubb Group and head of the company’s Global Accident and Health business. “I am excited to have Suresh serve in another leadership capacity and confident he will continue to represent the world class underwriting, service, and claims support Chubb is known for.”

Succeeding Mr. Krishnan as head of the Major Accounts Division, Europe will be Chubb’s Country President for France, Nadia Côté.

Mr. Krishnan holds a Bachelor of Arts degree from Colgate University and a Juris Doctor from The University of Richmond School of Law.

Chubb Creates New Digital Role for North America Accident and Health Division 

Chubb has also named Eric Bartenstein Senior Vice President, Chief Underwriting and Digital Officer for its North America Accident and Health division. In this newly created role, Mr. Bartenstein will focus on leading the transformation of North America’s A&H business into a digital environment that makes it even easier for clients and distribution partners to do business with Chubb. Mr. Bartenstein will be based in Philadelphia and report to Mr. Walloga.

“We are committed to creating an ideal environment and experience for our clients and distribution partners,” said Mr. Walloga. “I am excited to work closely with Eric to expand on our technical capabilities and ensure best practices are in place to meet our clients’ unique needs.”

Mr. Bartenstein has more than two decades of experience in A&H underwriting. Prior to this expanded new role, he served as Chief Underwriting Officer for the A&H business.

He holds a Bachelor of Arts degree in English from Syracuse University.

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: chubb.com.

Chubb Insurance Company of Canada has offices in Toronto, Calgary, Montreal and Vancouver and provides its products and services through licensed insurance brokers across Canada. For additional information, visit chubb.com/ca.

SOURCE Chubb

 

Canadian InsurTech Leader Keal Appoints New General Manager to Build for the Future

MONTREALJan. 10, 2020 /CNW/ — Keal Technology, an expert in Canadian broker innovation powered by Vertafore, announced that Dimitrios Argitis has joined the company as Vice President and General Manager to lead Keal’s next phase of growth and roll out new solutions to the Canadian market.

Dimitrios Argitis appointed as Vice President and General Manager of Keal

Keal’s mission is to provide Canadian brokerages with world-class solutions that contribute to their success in an increasingly competitive marketplace. A respected leader and seasoned software and product executive, Argitis is known for successfully leading organizational transformations to enhance customer success, optimize revenue and build for the future.

“Canadian customers will benefit from a company determined to stay Canadian, but with the additional resources of a large international organization with a track record for delivering innovative, world-class software,” said Argitis. “Imagine the solutions we can bring to the Canadian market, both homegrown as well as those adapted from proven solutions in the United States to fit Canadian brokers’ needs. This will drive significant value for our customers.”

Argitis graduated from McGill University and has spent his 23-year career working for several leading software organizations based in Toronto and Montreal, such as TECSYS and Epicor Retail (currently Aptos). Often referred to as a Swiss Army knife, Argitis is well versed in all aspects of the customer lifecycle – spanning from sales to project delivery, custom development, customer support and business optimization.

Argitis succeeds Pat Durepos and Renee Durepos. In 2016, the Dureposes, then owners of Keal, joined the Vertafore family for the betterment of their broker partners and their employees. Having completed the goal of transitioning Keal from a family-owned company to a leader in the InsurTech space, the Dureposes are moving on from Keal to usher in a new wave of innovation and growth.

Argitis is excited by the opportunity to work for Keal, a staunchly Canadian software solution, made by Canadians for Canadians. He sees significant potential in Keal’s future thanks to the backing of Vertafore, the leading insurance software provider in the U.S.

About Keal

Keal Technology is the expert in Canadian broker innovation and a leader in the BMS (Broker Management Systems) marketplace for insurance and financial services brokers. Keal offers an integrated suite of products designed to increase revenue through efficient use of technology. In 2016, Vertafore acquired Keal Technology, a leading provider of broker and commercial management systems in Canada. For more information, visit www.keal.com and follow us on Twitter and LinkedIn.

About Vertafore

For over 50 years, Vertafore, the leader in modern insurance technology, has built and supported superior InsurTech solutions to connect every point of the distribution channel. Vertafore’s agency management, ratings, regulation, compliance, and connectivity products streamline workflows, improve efficiency and drive productivity for more North American insurance professionals than any other provider – including more than 20,000 agencies, over 1,000 carriers and 23 state governments. Through a continual focus on operational excellence, development of innovative solutions, and alignment with key industry partners, Vertafore is leading the way for customers of all sizes by delivering results that make a difference. For more information about Vertafore, visit www.vertafore.com.

©2020 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.

SOURCE Vertafore

Related Links

http://www.vertafore.com/

CapriCMW Insurance Acquires New Office Location in Whitehorse, Yukon

Press Release:

January 13, 2019 – CapriCMW Insurance Services Ltd., one of Western Canada’s leading independent insurance brokerages, announced today its expansion into the Yukon Territory with the acquisition of a new office located at 201 – 9016 Quartz Road in Whitehorse.

As part of this acquisition from Aon Reed Stenhouse Inc., this longstanding office with its experienced team of insurance professionals will begin operating as CapriCMW effective March 2, 2020. It is CapriCMW’s fifteenth location in Canada and its first outside of BC and Ontario.

“We are thrilled to be welcoming Greg and Dayna Woodford and the Whitehorse team to the CapriCMW family,” said Andrew Kemp, President of CapriCMW. “They bring substantial industry and regional expertise that will help us deliver even more value to our clients, employees, industry partners and communities.”

There will be no change to the day-to-day operations of the Whitehorse office. Clients can expect the same direct, personal service from the same dedicated staff. Service will not be disrupted and existing processes will not change.

This development is another step for CapriCMW towards achieving more scale and capabilities, to better serve their clients’ insurance and risk management needs nationwide, and further reinforce their position as one of the largest independent insurance brokerages in Western Canada.

About CapriCMW

CapriCMW is a uniquely independent, locally and employee-owned insurance and risk management company, created through the merger of CMW and Capri Insurance. With decades of experience and specialized expertise, CapriCMW advisors provide custom insurance and risk management solutions to personal and business clients across BC and Canada. With over 400 professionals in offices across Western Canada and Ontario, CapriCMW offers a wide range of professional expertise spanning a multitude of industries, products and services. Visit capricmw.ca for more information.

About the Canadian Broker Network

CBN_logo_small.png

The Canadian Broker Network is a consortium of leading independent insurance brokerages including CapriCMW Insurance Services, Cal LeGrow Insurance Limited, Firstbrook Cassie and Anderson Ltd., Group Deslauriers, Lawrie Insurance Group Inc., Rogers Insurance Ltd., Smith, Petrie, Carr & Scott Insurance Brokers Limited, Sharp Insurance, and Bullfrog Insurance, the industry’s first digital commercial broker. Together, CBN members represent more than $1 billion in property-casualty premiums as well as employee benefits and life and financial services, with over 50 offices across Canada and more than 1,500 employees.

Maturing out of a forum dating back to 2002 originally designed to exchange best practices, CBN today provides a unique alternative for members to grow and innovate their business. CBN’s guiding principles of innovation, collaboration, commitment to growth, and independence ensures that members can deliver the best possible value proposition to their clients, employees, and insurer partners. Visit canadianbrokernetwork.com for more information.

 

Benefits and Life Insurance Agencies Joining Forces for Continued Growth and Innovation

Effective January 1, 2020, SC Insurance and RRJ Benefits Inc. are coming together to form a new venture to strengthen and grow the benefits and life business between the two companies.

This new venture will provide access to innovative resources and cutting-edge proprietary tools.  Clients will have access to the SC Hub: a digital administration tool to manage their benefit plans on a paperless platform, as well as A.I. driven solutions to simplify the life insurance application and underwriting process.

Abraham Baboujian, Chairman and CEO of RRJ Benefits, “This venture between our organizations will serve as a catalyst to expand our offering in a strategic manner”. Jessica Bowler (née Cassano), who manages RRJ Benefits will be joining the SC Insurance as Senior Manager of Sales providing continuity to clients and the rest of the team.

The SC Team is excited to add resources and scale with the RRJ connection. “As a result of this venture, we are delighted to be able to offer our clients best-in-class solutions across the entire insurance and risk-management landscape” said SC Insurance President, Darren Abrahams.

About SC Insurance

Originally founded in 1979 as Steven Cohen Insurance Agency Inc, SC Insurance has consistently remained among the most highly respected Life & Benefits agencies in the Toronto area. Current President, Darren Abrahams, has been with SC since 2004, and under his stewardship the firm has forged an exciting path, leveraging the same high-touch level of service and advice, while embracing innovation and technology to streamline and enhance each stage of the client experience.

www.scinsurance.ca

About RRJ Benefits Inc. (RRJ Insurance Group Ltd)

As one of Canada’s largest independent brokerages, RRJ has been providing Property & Casualty insurance solutions to thousands of clients across Ontario for over 110 years. RRJ has 7 offices (Toronto, Oshawa, Peterborough, Lindsay, Orillia, Bracebridge and Kitchener) and nearly 200 staff.  In 2012, RRJ Benefits was introduced, providing Life Insurance and Group Benefits solutions to client within the organization. In 2020 RRJ’s property & casualty insurance operations will be re-organized under a single brand to be called “KRGinsure”.

www.krginsure.com

SOURCE SC Insurance

HUB International Acquires British Columbia-Based RHC Insurance Brokers

NEWS PROVIDED BY

Hub International Limited

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. (RHC). Terms of the transaction were not disclosed.

Headquartered in Nelson, British Columbia, Canada with nine additional offices across the province, RHC is an independent insurance brokerage that provides personal and business insurance. Tammy Darough, CEO and CFO of RHC, will assist Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West), in an advisory role to ensure a seamless transition.

“RHC is an excellent addition to Hub,” said David Moon, President of Hub Canada West. “With RHC, we will continue to support long term growth throughout British Columbia and Western Canada. We are pleased to be able to meet the growing needs of both commercial and personal clients with our ever strengthening suite of insurance solutions and risk management services.”

“Hub has a stellar reputation in the industry, and I know our clients will benefit from Hub’s extensive platform,” added Ms. Darough. “We are dedicated to providing and maintaining a comprehensive, competitive and holistic insurance program.”

About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.

Assurant Appoints New President for Canada

News Release:

NEW YORK, 2 January 2020Assurant, Inc. (NYSE: AIZ), a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases, today announced the appointment of Paul Cosgrove as president of its Canadian operations, effective immediately. Cosgrove succeeds Robert “Bob” Zanussi, who, after 16 years with Assurant, is retiring as President and CEO, Canada. Zanussi will remain with the business through January 30, 2020 to ensure a smooth transition.

During his 25-year career at Assurant, Cosgrove has held various leadership roles, with oversight of the Connected Living, Global Auto and Financial Services businesses. During Cosgrove’s tenure, he developed the sales optimization team to support the growth of the mobile business and led the creation of strategic internal organizational offices to better serve client implementations and improve business processes.

Cosgrove, who was previously vice president, business development and client management, will report to Keith Meier, president, International.

“Paul is a highly accomplished leader. His outstanding skills in supporting our client relationships and his vision for growth, both of the business and our people, positions him well for his new role as president, Assurant Canada,” said Keith Meier. “With his deep auto, connected living and financial services experience, he will continue to focus on how we best serve our clients and their customers.”

Commenting on his new role, Paul Cosgrove said, “It’s an exciting time to lead the Canadian business, as we continue to focus on providing excellent service and market-leading products to our clients and their customers.”

“On behalf of everyone at Assurant, we want to thank Bob for everything he has accomplished during his 16 years with the company,” said Meier. “Bob has been instrumental in shaping Assurant Canada into the innovative business that it is today, and the Canadian business is well-positioned for continued business success and growth due to his leadership.”

Meier added, “These changes demonstrate our continued efforts to leverage our exceptional talent to service our clients and further accelerate our strong momentum across our business.”

-Ends-

About Assurant
Assurant, Inc. (NYSE: AIZ) is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance and lender-placed homeowners insurance. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.

Learn more at assurant.com

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