Chubb appoints new construction industry practice leader

Property/casualty insurer Chubb has appointed Stephen Buonpane as construction industry practice leader for its large account segment.

He succeeds Bill Hazelton who was recently named head of Chubb North America claims.

In his new role, Buonpane will oversee strategic direction, while leading a broad team of construction underwriting and service specialists, across multiple lines of business.

Prior to this expanded role, Buonpane served as executive vice president, major accounts construction. He will remain based in New York and report to Matt Merna, senior vice president, Chubb Group division president, Chubb North America major accounts

"With the appointment of Bill Hazelton as Chubb's Head of North America Claims, Stephen's experience in supporting this business over the last decade makes him an ideal fit for this role," said Merna. "The needs of our clients in this area are very complex, and Stephen's understanding of the issues affecting our clients, combined with his underwriting background, will help ensure we continue to provide them with the most robust solutions to meet their specific needs."

Craig Richardson, Chubb's executive vice president of major accounts environmental, and Joseph Fobert, the company's executive vice president of major accounts excess casualty will continue to oversee those lines of business, reporting to Merna.