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Chubb Names Ed Levin Digital Business Officer, a Newly Created Position

ZURICH, June 30, 2016 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Edward Levin has been appointed Digital Business Officer, a newly created position. Currently, Mr. Levin is Senior Vice President, Chubb Group and Division President, Accident & Health, Overseas General Insurance.  In his new role, Mr. Levin will have executive responsibility for leading and directing digital initiatives for the company's businesses on a global basis.

"We have chosen a new logo that is a simple expression of our name, with no extra symbols or visual distractions. It’s a simple, refined, modern expression of Chubb,” said Evan Greenberg, Chairman and CEO of Chubb Limited.

Working closely with business leaders, product line executives and key functions, Mr. Levin will lead digital initiatives focused on reaching and enhancing the customer experience, including underwriting, sales and service, and distribution, both direct-to-consumer and through distribution partners. The role encompasses all business lines, products and markets where Chubb competes globally. Mr. Levin will report to Evan Greenberg, Chairman and Chief Executive Officer, and John Keogh, Executive Vice Chairman and Chief Operating Officer. Mr. Levin will transition to the new role in the fall.    

"Across our consumer and certain commercial businesses around the world, we see opportunity for our company to provide product and service capabilities through digital technologies as a way to enhance our clients' experience with Chubb," said Mr. Greenberg. "Appointing an executive of Ed's caliber to be our first Digital Business Officer demonstrates how important all things digital are to Chubb in the future."

"Ed is a seasoned, thoughtful executive who has a deep understanding of the insurance business and knows our company well from his experience in different leadership roles in different geographies," said Mr. Keogh. "I am excited to continue working with Ed as Chubb pursues the many opportunities for our business in the rapidly evolving digital arena." 

Mr. Levin was appointed Division President, Accident & Health, ACE Overseas General in 2007, a position he retained after ACE's acquisition of Chubb. Mr. Levin joined ACE in 2004 as Regional Executive Vice President of the company's accident and health, personal lines and life insurance operations in the Europe, Middle East and Africa region, based in London. Before joining ACE, Mr. Levin served as Executive Vice President for Citigroup's Europe, Middle East and Africa insurance operations in London from 2002 to 2004 and was Senior Vice President, Personal Lines, for Travelers in Hartford, Conn., from 1999 to 2002. For the previous 10 years, he advanced through a series of management positions at Citibank and Booz Allen & Hamilton in New York and Buenos Aires. Mr. Levin holds a Bachelor's degree in Economics from Harvard College and a Master's degree in International Business and Marketing from Columbia Business School.

About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.  As an underwriting company, we assess, assume and manage risk with insight and discipline.  We service and pay our claims fairly and promptly.  The company is also distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.  Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index.  Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.

Cautionary Statement Regarding Forward-Looking Statements:

Forward-looking statements made in this press release, including statements about the company's digital initiatives and opportunities and their potential, reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially as set forth in these statements. For example, the company's digital efforts could be impacted by operations, industry or technology developments or delays.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made.

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SOURCE Chubb Limited

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