Chubb Appoints Lyndsey Christofer Construction Industry Practice Leader

Rhea-AI Summary

Chubb has appointed Lyndsey Christofer as the new Executive Vice President and Construction Industry Practice Leader for its large account segment, effective April 13, 2021. Christofer will guide the strategic direction of Chubb's construction underwriting and service teams, enhancing customized insurance solutions for construction clients across North America. With nearly 20 years of experience in underwriting and a background in actuarial science, she replaces the previous leader and will report directly to Matt Merna, Senior Vice President at Chubb.

Positive

• Experienced leadership with Lyndsey Christofer bringing nearly two decades in underwriting.
• Continued focus on customized insurance solutions for construction clients.

Negative

• Change in leadership may create temporary disruption in operations.

WHITEHOUSE STATION, N.J., April 13, 2021 /PRNewswire/ -- Chubb has appointed Lyndsey Christofer as Executive Vice President, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee strategic direction while leading a broad team of dedicated construction underwriting and service specialists across multiple lines of business to deliver customized and innovative insurance solutions to Chubb's construction clients and distribution partners. In addition, she will have oversight of Chubb's primary casualty and excess liability line of business for large account construction clients.

Ms. Christofer will be based in New York and report to Matt Merna, Senior Vice President, Chubb Group, Division President, Chubb North America Major Accounts.

"Lyndsey has a very strong background and understanding of our construction business and the complex needs of our clients," said Mr. Merna. "Over the past few years, she has been instrumental in successfully leading our Primary Casualty Construction team. Her broad experience, proven track record and understanding of the construction marketplace make her an ideal fit for this role. I look forward to working with Lyndsey as she continues to broaden the value of our offerings while growing our industry practice throughout North America."

Ms. Christofer brings close to two decades of actuarial and underwriting experience to this expanded role, having held several underwriting leadership positions throughout her career. Prior to this appointment, she served as Senior Vice President, Underwriting, where she was the primary casualty division lead for Chubb's Construction Industry Practice. She earned a Bachelor of Science degree in Actuarial Science from The Pennsylvania State University.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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 defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength 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, Paris and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.

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SOURCE Chubb

FAQ

Who is Lyndsey Christofer and what is her role at Chubb?

Lyndsey Christofer has been appointed Executive Vice President and Construction Industry Practice Leader at Chubb, overseeing construction underwriting and services.

What are the responsibilities of the Construction Industry Practice Leader at Chubb?

The Construction Industry Practice Leader is responsible for strategic direction and delivery of insurance solutions for construction clients.

When was Lyndsey Christofer appointed to her new position?

Lyndsey Christofer was appointed on April 13, 2021.

What is the impact of leadership change on Chubb's operations?

The leadership change may create temporary disruption as new strategies and directions are implemented.

What experience does Lyndsey Christofer bring to Chubb?

She brings nearly 20 years of actuarial and underwriting experience, previously serving as Senior Vice President in the Construction Industry Practice.