Harold Morrison to
Retire and Take on Special Advisory Role; Jeffrey Updyke Assumes
Chief Operating Officer, North American Operations
WHITEHOUSE STATION,
N.J., June 19,
2017 /PRNewswire/ -- Gerard "Jerry"
Butler has been appointed Senior Vice President, Chubb Group, Division President, North America
Insurance. In his new role, he will have responsibility for the
field organization in North
America, which includes 48 offices in the United States and Canada. He also will be responsible for
executing Chubb's North American business strategies locally by
delivering a full complement of capabilities and services to the
company's agent and broker distribution partners and managing these
important long-term business relationships.
Mr. Butler, with more than 34 years of experience, including 26
years at Chubb, most recently served as Chief Operating Officer,
North America Field Operations. Prior to the ACE acquisition of
Chubb in January 2016, he served as
Executive Vice President and U.S. Field Territory Operations
Manager for Chubb. He holds a Bachelor of Science degree from
Glassboro State College and has
attended Executive Management Programs at Wharton Business
School.
Mr. Butler will report to John
Lupica, Vice Chairman, Chubb
Group, President, North America Major Accounts and Specialty
Insurance. "Jerry's strong field management expertise, industry
knowledge, and extensive leadership experience make him an ideal
fit for this role," said Mr. Lupica. "I look forward to working
with him as he takes on this strategically pivotal role in helping
to continue meeting the multifaceted needs of our agent and broker
partners."
Mr. Butler succeeds Harold
Morrison who, after a distinguished 33-year career in the
insurance industry, will retire at the end of the year. Mr.
Morrison joined The Chubb Corporation in 1984 and during the course
of his career has held a number of managerial and leadership
positions for the company. Prior to the acquisition, Mr. Morrison
was Executive Vice President of The Chubb Corporation and served as
Chief Global Field Officer and Chief Administrative Officer,
responsible for the company's global field organization, worldwide
human resources and the company's administrative areas.
Through the remainder of the year, Mr. Morrison will work with
Chubb's Overseas General Insurance Division providing strategic
direction for the development of underwriting and distribution
structures and processes to best serve its expansion into the
commercial middle market segment in Asia, Latin
America and Europe. This
work will include ensuring appropriate organizational structures,
distribution and product strategies, service capabilities, and
technology solutions.
"Harold's commitment and contributions to Chubb during his
tenure have been outstanding. He has been a thoughtful and
collaborative partner to me and our broader team since the merger
and I look forward to working with him and Jerry on a smooth
transition in addition to his continued endeavors for the company,"
said Mr. Lupica. "On behalf of the senior management team and all
of Chubb, we thank him for his contributions and wish him all the
very best during retirement."
Succeeding Mr. Butler is Jeffrey
Updyke, Chief Operating Officer, North American Field
Operations. In his new role, reporting to Mr. Butler, Mr. Updyke
will assist in the day-to-day management of the North American
Field Operations, with specific focus on distribution management,
data analytics and sales. In addition, he will oversee Chubb
Insurance Solutions Agency.
Mr. Updyke is a 26-year insurance professional, most recently
serving as Executive Vice President, Northeast and Mid-Atlantic
Regional Manager for Chubb's Commercial Insurance unit. Prior to
the acquisition, he was the Northeast Region Chief Operating
Officer. He received a Bachelor of Arts in Economics with honors
from St. Lawrence University.
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 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 and other locations, and employs
approximately 31,000 people worldwide. Additional information can
be found at www.chubb.com.
Chubb Insurance Company of Canada has offices in Toronto, Calgary, Montreal and Vancouver and provides its products and
services through licensed insurance brokers across Canada. For additional information, visit:
chubb.com/ca.
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SOURCE Chubb