Chubb swoops on Travelers, shuffles financial lines leadership to tap growth

Property/casualty insurer  Chubb has bolstered its financial lines leadership with three senior appointments, including a key hire from Travelers, as it looks to tap new growth opportunities in the market.

The new appointees will join and support the growth of FL teams in the UK, Ireland and South Africa (UKISA) and Chubb Global Markets (CGM), the company's London Market wholesale and specialty business including its Lloyd's platform.

Nadia Bagijn has joined as head of financial institutions for UKISA and CGM; Leon Adeyemi (pictured left)appointed as cyber manager UKISA and CGM; and Mary McGovern  (pictured right) promoted to management liability manager UKISA.

Bagijn joins Chubb from Travelers, where she most recently served as underwriting officer of financial institutions and management liability. She has worked in the insurance industry for 19 years. Prior to joining Travelers in 2018, she held financial institutions underwriting leadership roles at several major carriers in the UK, US and Australia, including Liberty Mutual Insurance and AIG, where she spent more than a decade in various senior roles.

In her new role, Bagijn will be responsible for the leadership of Chubb’s financial institutions business within UKISA and CGM, including setting and driving the growth strategy for both.

Adeyemi, who was previously cyber senior underwriter CGM, will now be responsible for the leadership of the cyber team within UKISA and CGM. His role will include implementing cyber strategy for Chubb's major accounts and mid-market clients in UKISA and CGM.

McGovern joined Chubb in 2008 and most recently led its London management liability business. In her new role, she will be responsible for leading and growing Chubb's management liability portfolio across UKISA.

All three will be based in London and will report into Janet Edey, financial lines manager UKISA. Bagijn and Adeyemi will also report to Robert Wilson, chief underwriting officer for CGM.

Edey said: “I am delighted to welcome Nadia, Leon and Mary to their new roles. They are all seasoned professionals with a wealth of insights, experience and understanding which will help us to serve even better the constantly changing needs of our Financial Lines clients across the UK, Ireland and South Africa. Their leadership will be invaluable in driving the ongoing evolution of the Financial Institutions, Cyber and Management Liability facets of our offering.”

Wilson added: “I look forward to working with Nadia and Leon to develop further our Financial Institutions and Cyber portfolios within CGM at this crucial time in the market cycle. Their expertise and depth of knowledge will help us pursue continued growth as we innovate and create new opportunities for our customers and our business.”

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