28 June 2018Insurance

Chubb replaces executive vice president of global energy

Property/casualty insurer Chubb has appointed Matthew Hardy as executive vice president of global energy, Chubb Overseas General. He replaces Roger Giddings who will leave Chubb later in the year.

Hardy will report to Timothy O'Donnell, the newly-appointed division president of commercial property & casualty, Chubb Overseas General.

Hardy was previously product head - energy for Chubb Global Markets and head of international energy for Chubb Overseas General, where he led Chubb's efforts to develop and deliver innovative solutions for its energy clients' complex international risk management needs. He joined the business in 1996 as an assistant underwriter and has since progressed to head of onshore energy before becoming chief underwriting officer, Chubb Overseas General Energy and later head of the international energy division.

"I am delighted that Matt has been appointed to this important role," O'Donnell commented. "He is a highly respected figure across the industry and his experience and understanding will help drive our business forward in the highly competitive global energy insurance market. I would also like to take this opportunity to thank Roger for his contribution to the company."

In a further change to the team, Riaz Thanduparakkal has been promoted to the role of product head Chubb Global Markets Energy. Thanduparakkal will report to Matthew Shaw, division president for Chubb Global Markets and Hardy.

Thanduparakkal was previously energy senior underwriter. He has 16 years of experience in the industry and began his career as a client manager at Oman Insurance Company in Dubai. He moved to London in 2006, where he worked at Marsh as a client manager in the energy practice, before joining Chubb (then ACE) in 2011 as an underwriter in the upstream energy team.

Make sure you are GDPR compliant and  confirm your email address to keep getting our daily emails

More of today's news

UK motor insurance sector posts record results

US insurtech EverQuote set to raise $84m in IPO

AXIS bolsters board to drive growth

Nexus appoints innovation strategy specialist in expansion move

Sompo unveils weather risk cover for real estate & hospitality sectors

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
12 June 2018   Property/casualty insurer Chubb has appointed David Furby to lead its European region following the retirement of Andrew Kendrick.
Insurance
1 June 2018   Insurer Chubb has strengthened its energy industry practice with two new leadership appointments for the mid and large market segments.