Chubb North America financial lines chairman retires

Insurer Chubb has announced that Robert Cox, division chairman of North America financial lines, will retire on July 1, 2016, bringing to a close a 35-year career with the company. Upon Cox's retirement, Scott 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. 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(VP)/Eastern zone manager, VP/worldwide professional liability underwriting manager, worldwide manager of the department, and chief underwriting officer.   He served as executive VP 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.   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'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."