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CHUBB CREATES NEW NORTH AMERICA SMALL & LOWER MIDMARKET DIVISION

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Chubb (NYSE: CB) has announced the formation of a new North America Small & Lower Midmarket division, merging its Lower Middle Market and Digital Small Business divisions. The restructuring aims to create a more integrated approach to serving small and lower middle market segments.

The company has appointed Rob Poliseno as Division President and Jason Ranucci as Chief Operating Officer of the new division. Poliseno, with 28 years of industry experience including 17 at Chubb, will report to Ben Rockwell, Division President of North America Middle Market. Ranucci, who has 17 years of insurance experience, will oversee P&L management, underwriting, product, pricing, and analytics.

The new division will leverage a modern, automated, and data-centric digital operating model to offer comprehensive coverage including P&C, Financial Lines, Cyber, Multinational, and Accident & Health insurance. Agents will have access to both fully digital/automated experiences and digitally augmented service models.

Chubb (NYSE: CB) ha annunciato la creazione di una nuova divisione per il piccolo e medio mercato del Nord America, unendo le sue divisioni per il mercato medio inferiore e per le piccole imprese digitali. La ristrutturazione mira a creare un approccio più integrato per servire i segmenti del piccolo e medio mercato inferiore.

L'azienda ha nominato Rob Poliseno come Presidente della Divisione e Jason Ranucci come Direttore Operativo della nuova divisione. Poliseno, con 28 anni di esperienza nel settore, di cui 17 in Chubb, riporterà a Ben Rockwell, Presidente della Divisione del Mercato Medio del Nord America. Ranucci, che ha 17 anni di esperienza nel settore assicurativo, supervisionerà la gestione P&L, la sottoscrizione, i prodotti, la determinazione dei prezzi e l'analisi.

La nuova divisione sfrutterà un modello operativo digitale moderno, automatizzato e incentrato sui dati per offrire una copertura completa, inclusi P&C, Linee Finanziarie, Cyber, Multinazionale e Assicurazione contro infortuni e salute. Gli agenti avranno accesso sia a esperienze totalmente digitali/automatiche che a modelli di servizio digitalmente potenziati.

Chubb (NYSE: CB) ha anunciado la formación de una nueva división de Pequeño y Medio Mercado de América del Norte, fusionando sus divisiones de Mercado Medio Inferior y Pequeñas Empresas Digitales. La reestructuración tiene como objetivo crear un enfoque más integrado para atender los segmentos de pequeño y medio mercado inferior.

La compañía ha nombrado a Rob Poliseno como Presidente de la División y a Jason Ranucci como Director de Operaciones de la nueva división. Poliseno, con 28 años de experiencia en la industria, de los cuales 17 en Chubb, reportará a Ben Rockwell, Presidente de la División de Mercado Medio de América del Norte. Ranucci, que tiene 17 años de experiencia en seguros, supervisará la gestión de P&L, la suscripción, los productos, la fijación de precios y el análisis.

La nueva división aprovechará un modelo operativo digital moderno, automatizado y centrado en datos para ofrecer una cobertura integral que incluye P&C, Líneas Financieras, Ciber, Multinacional y Seguros de Accidentes y Salud. Los agentes tendrán acceso tanto a experiencias totalmente digitales/automatizadas como a modelos de servicio digitalmente mejorados.

Chubb (NYSE: CB)는 새로운 북미 소규모 및 중소형 시장 부서의 설립을 발표하며, 중소형 시장 부서와 디지털 소기업 부서를 통합했습니다. 이 구조 조정은 소규모 및 중소형 시장 세그먼트를 보다 통합된 방식으로 서비스하기 위해 계획되었습니다.

회사는 Rob Poliseno를 부서장으로, Jason Ranucci를 새로운 부서의 최고 운영 책임자로 임명했습니다. Poliseno는 업계에서 28년의 경험을 보유하고 있으며 그 중 17년은 Chubb에서 근무했고, Ben Rockwell, 북미 중소형 시장 부서장에게 보고할 것입니다. Ranucci는 17년의 보험 경험을 가지고 있으며 P&L 관리, 인수, 제품, 가격 책정 및 분석을 감독할 것입니다.

새로운 부서는 현대적이고 자동화된 데이터 중심의 디지털 운영 모델을 활용하여 P&C, 금융선, 사이버, 다국적 및 사고 및 건강 보험을 포함한 종합적인 보장을 제공합니다. 에이전트는 완전 디지털/자동화된 경험과 디지털 보강 서비스 모델 모두에 접근할 수 있습니다.

Chubb (NYSE: CB) a annoncé la création d'une nouvelle division pour le petit et moyen marché d'Amérique du Nord, fusionnant ses divisions pour le marché moyen inférieur et les petites entreprises numériques. La restructuration vise à créer une approche plus intégrée pour servir les segments du petit et du moyen marché inférieur.

L'entreprise a nommé Rob Poliseno comme Président de la Division et Jason Ranucci comme Directeur des opérations de la nouvelle division. Poliseno, avec 28 ans d'expérience dans l'industrie, dont 17 chez Chubb, rendra compte à Ben Rockwell, Président de la Division du marché moyen d'Amérique du Nord. Ranucci, qui a 17 ans d'expérience dans le secteur de l'assurance, supervisera la gestion des P&L, la souscription, les produits, la tarification et l'analyse.

La nouvelle division tirera parti d'un modèle opérationnel numérique moderne, automatisé et axé sur les données pour offrir une couverture complète, y compris P&C, lignes financières, cybersécurité, multinationales et assurance accidents et santé. Les agents auront accès à des expériences entièrement numériques/automatisées ainsi qu'à des modèles de service numériquement améliorés.

Chubb (NYSE: CB) hat die Gründung einer neuen Nordamerika Klein- und Mittelstandsdivision angekündigt, die die Abteilungen für den unteren Mittelstand und für digitale Kleinunternehmen zusammenführt. Die Umstrukturierung zielt darauf ab, einen integrierteren Ansatz für die Bedienung der Segmente des kleinen und unteren Mittelstands zu schaffen.

Das Unternehmen hat Rob Poliseno zum Divisionspräsidenten und Jason Ranucci zum Chief Operating Officer der neuen Division ernannt. Poliseno, der über 28 Jahre Branchenerfahrung verfügt, darunter 17 Jahre bei Chubb, wird an Ben Rockwell, den Divisionspräsidenten des nordamerikanischen Mittelstands, berichten. Ranucci, der 17 Jahre Erfahrung in der Versicherungsbranche hat, wird das P&L-Management, die Underwriting, die Produkte, die Preisgestaltung und die Analytik überwachen.

Die neue Division wird ein modernes, automatisiertes und datenzentriertes digitales Betriebsmodell nutzen, um umfassenden Schutz anzubieten, einschließlich P&C, Finanzlinien, Cyber, multinationaler und Unfall- und Krankenversicherung. Die Agenten haben Zugang zu sowohl vollständig digitalen/automatisierten Erfahrungen als auch zu digital erweiterten Servicemodellen.

Positive
  • Strategic merger of divisions to enhance market penetration and growth opportunities
  • Implementation of modern digital operating model for improved efficiency
  • Expansion of comprehensive insurance product offerings
  • Streamlined service delivery through both automated and augmented channels
Negative
  • None.

Leverages Digital Operating Model to Apply Chubb's Underwriting and Service Capabilities Across Small and Lower Middle Market Segments

Rob Poliseno appointed Division President, Small & Lower Midmarket; Jason Ranucci named Chief Operating Officer, Small & Lower Midmarket

WHITEHOUSE STATION, N.J., March 12, 2025 /PRNewswire/ -- Chubb (NYSE: CB) today announced the creation of a new division within its North America Middle Market organization, combining Chubb's Lower Middle Market and Digital Small Business divisions into a single cohesive unit that will operate as North America Small & Lower Midmarket.

Rob Poliseno has been appointed Division President, Small & Lower Midmarket, reporting to Ben Rockwell, Division President, Chubb North America Middle Market. Jason Ranucci has been named Chief Operating Officer, Small & Lower Midmarket, reporting to Rob. Both appointments are effective immediately.

Commenting on the news, Juan Luis Ortega, Executive Vice President, Chubb Group, and President, Chubb North America, said, "The small business and lower middle market segments present significant growth and expansion opportunities for Chubb. As the distribution landscape continues to evolve, agents and brokers increasingly demand simplicity, efficient and fast underwriting, and seamless digital experiences. This combination integrates our decades-long underwriting experience in the Lower Middle Market with the agility and speed of our Digital Small Business division, allowing us to apply the full power and deep expertise of our team to service clients in this segment and drive growth."

Rob brings over 28 years of industry experience to his new position, including nearly 17 years with Chubb. Previously, he served as Division President, Small Business and North America Digital. His strong background in insurance underwriting and distribution, backed by a proven track record of operational excellence, positions him well to lead Chubb's Small & Lower Midmarket business.

As COO of the unit, Jason will have broad operating responsibility – including P&L management and oversight of both field and home office underwriting, as well as product, pricing, portfolio management and analytics. With over 17 years of experience in insurance, he has been serving as Head of North America Lower Middle Market, and was previously Global Chief Underwriting Officer for Small Business.

"Launching this division represents an important milestone in how we serve the small and lower middle market business segment," said Middle Market President Rockwell. "Rob and Jason will build on their successes in this space, leveraging our investments in a modern, automated and data-centric digital operating model that differentiates our approach to a wide range of companies across all industry practices and positions this business for robust growth. This division will offer more seamless coverage through a comprehensive suite of products and services, including P&C, Financial Lines, Cyber, Multinational, and Accident & Health, while offering agents the options of either a fully digital/automated experience or a digitally augmented service model."

About Chubb
Chubb is a world leader in insurance. 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. The company is 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 employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/chubb-creates-new-north-america-small--lower-midmarket-division-302399973.html

SOURCE Chubb

FAQ

What is the strategic purpose of Chubb's new Small & Lower Midmarket division?

The division combines Chubb's Lower Middle Market and Digital Small Business units to provide simplified, efficient underwriting and seamless digital experiences for agents and brokers, while driving growth in these market segments.

Who are the key executives leading Chubb's new Small & Lower Midmarket division?

Rob Poliseno serves as Division President, and Jason Ranucci as Chief Operating Officer, both bringing over 17 years of experience at Chubb.

What insurance products will Chubb's new Small & Lower Midmarket division offer?

The division offers comprehensive coverage including P&C, Financial Lines, Cyber, Multinational, and Accident & Health insurance through both digital/automated and digitally augmented service models.

How will Chubb's new division enhance its service delivery?

The division leverages a modern, automated, and data-centric digital operating model, offering agents both fully digital/automated experiences and digitally augmented service options.
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