Chubb appoints new financial lines leader for Bermuda

Insurer Chubb has appointed Richard Porter as senior vice president, head of financial lines for Chubb Bermuda.

Porter will be responsible for leading Chubb Bermuda's financial lines division, which includes directors and officers liability, cyber, transactional risk, errors and omissions, and employment practices liability.

He will report to Judy Gonsalves, vice president of Chubb Group and division president, Chubb Bermuda.

Porter joined the company as associate general counsel in 2011 and was promoted in 2016 to general counsel of Chubb Bermuda, where he also provided legal oversight for its affiliates in Dublin and London.

"Rick Porter is a recognized leader in the insurance industry with an outstanding track record for achieving results," said Gonsalves. "We see tremendous opportunities to provide our clients with the most comprehensive set of solutions for meeting very specific needs, and believe Rick's deep legal, risk management and insurance background, in addition to his considerable experience with both claims and compliance, will help further strengthen our ability to deliver superior Financial Lines solutions and services to the marketplace."

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