Chubb faucets division president for worldwide common insurance coverage operation

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

Within the newly created function, Spagnoli shall be answerable for Chubb’s shopper strains in 51 international locations and territories. Spagnoli will step into the function efficient Jan. 15. He’ll report back to Juan Luis Ortega, govt 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 Totally Ecosystem, a wellness fintech enterprise.

Previous to main Totally 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 strains head for Latin America, and private strains regional vp for Latin America. He additionally held management roles in Japan and South Korea.

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

“On this new function, Frederico will present management as we concentrate on optimizing and leveraging the total strengths of our shopper providing, from our broad vary of private strains and A&H merchandise to our direct advertising and marketing platform, relationships with brokers and brokers, and B2B2C digital distribution partnerships via Chubb Studio. Now we have substantial runway for progress in Asia-Pacific, Latin America and Europe, and Frederico has the observe file and experience to assist us understand the mixed potential of our shopper enterprise.”

Spagnoli holds a legislation 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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