Chubb Expands Matt Merna's Role, Delivering Capabilities for Large Multinational Companies Overseas

ZURICH, Oct. 30, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Matt Merna, who currently oversees Chubb's retail commercial property and casualty insurance businesses for large accounts in the U.S. and Canada, will expand his role to the delivery of risk management solutions to major multinational clients located overseas effective immediately.

Matt will continue to lead North America's Major Accounts division and will now also assist Chubb's overseas teams in the design, structure, and implementation on large, complex risk management solutions for multinational corporations.

"Matt's leadership in helping guide North American clients across complex transactions and crafting risk management solutions makes him the ideal choice to take on these additional responsibilities," said Juan Luis Ortega Executive Vice President, Chubb Group and President, North America Insurance. "Bringing the full scope of our capabilities through a global approach reinforces our commitment to delivering superior solutions in an increasingly complex risk landscape. Matt's deep expertise will add exceptional value to our global clients."

This extension is part of Chubb's continued investment in support of large multinational companies and ensuring that they have access to the best risk management tools Chubb can provide.

"Matt has a distinct and proven ability to understand the priorities of our major clients, navigate the complexity of their needs, and present the very best of Chubb in providing solutions," said Paul McNamee, Executive Vice President, Chubb Group and President, Overseas General Insurance. "I am delighted that Matt will be partnering with our teams across all five regions as we continue to build capabilities in this core segment for Chubb throughout the world."

With nearly 30 years of experience in the insurance industry, Matt has been an integral part of Chubb since 2000 and held various senior leadership positions including President of Financial Solutions and Division President, Risk Management. He later served as Executive Vice President, Chubb Global Casualty and Chief Operating Officer for North America Major Accounts. Matt holds a Bachelor of Science degree in Accounting from West Virginia University.

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 40,000 people worldwide. Additional information can be found at: www.chubb.com.