“The new name and visual identity reflect the value proposition of our global climate business unit, which is about enabling climate change progress around the world, at an industry level, and in local communities,” mentioned Matthew McMullin, chief of Chubb Climate+ in North America. “We are drawing on Chubb’s extensive technical capabilities in underwriting and risk engineering and bringing together our practices engaged in traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering services.”
“The ‘plus’ in Climate+ is about having a positive impact and adding value for our clients across all industries as they transition to a low-carbon future and take action to be resilient to the threat of a changing climate,” mentioned Matthew Hardy, chief of Chubb Climate+ for the corporate’s normal insurance coverage operations in 51 international locations exterior the US, Canada and Bermuda. “By offering a wide and extensive range of risk transfer and risk engineering solutions, we can scale to meet the growth and needs of clients, however complex.”
New appointments
Three new executives have joined McMullin, Hardy, and international local weather officer Margaret Peloso on the Chubb Climate+ management staff.
Maria Guerico has been appointed local weather tech business follow chief for North America. In her new function, Guerico is answerable for rising Chubb’s underwriting portfolio and creating services and products to help local weather tech firms targeted on the environment friendly and sustainable use of assets, merchandise and applied sciences geared toward mitigating the impression of local weather change.
Prior to her present function, Guerico held administration roles at Chubb’s Montreal department, the North American Underwriting Center, and as industrial insurance coverage supervisor. She started her profession at Chubb in 2003.
Melanie Markwick-Day has been appointed pure assets head for Chubb Overseas General. In this function, she brings her power and underwriting experience to firms as they transition to lower-carbon options.
Prior to taking her new function, Markwick-Day served as head of upstream power and offshore renewables for Chubb Global Markets. In that function, she led the launch of Chubb’s offshore renewables product providing. Markwick-Day joined Chubb Overseas General in 2020 as a senior underwriting officer. She started her profession in 2009 as a claims specialist for a Lloyd’s of London syndicate.
Jared Concannon has been named head of local weather tech for Chubb Overseas General. In that function, he’s answerable for guaranteeing that local weather tech companies are protected against the distinctive dangers related to their operation.
Prior to taking his new function, Concannon served as head of growing business practices, the place he developed Chubb’s property and casualty business practices for media, healthcare, superior manufacturing, and local weather tech throughout the corporate’s worldwide operations. Concannon joined Chubb in 2013 as knowledgeable affiliate within the North America monetary strains division and has additionally served in varied underwriting roles.
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All three appointments are efficient instantly. Guerico stories to McMullin, whereas Markwick-Day and Concannon report back to Hardy.
“Our ability to field this team of experienced leaders for Chubb Climate+ reflects the strength of our bench of talent, our deep underwriting and technical capabilities, and the breadth of our industry practices,” McMullin mentioned. “With her experience in underwriting across different industries, Maria is well-positioned to enable progress for our climate tech clients.”
“Chubb Climate+ is a global business, and Mel and Jared bring the level of technical experience and international perspective that will allow us to continue to be on the leading edge of new technology developments,” Hardy mentioned.
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