Chubb announced two executive appointments in its North America Insurance operations. Christopher A. Maleno has been named division president, Field Operations, and Matthew Merna has been named division president, Major Accounts. Both appointments are effective July 2.
Maleno will have responsibility for Chubb’s field organization in North America, including 48 branch and regional offices in the United States and Canada. He also will be responsible for local delivery of the company’s full capabilities and services to agent and broker distribution partners and managing these relationships.
Maleno, who is a Chubb Group senior vice president, most recently served as division president, North America Major Accounts.
Maleno succeeds Gerard Butler who, after more than 36 years in the industry including 27 with Chubb, will retire on July 2.
Merna will lead the Major Accounts division, Chubb’s retail commercial property/casualty insurance business that serves the large corporate market in the United States and Canada. His responsibilities will include strategy, underwriting activities and results, production, and product development and management. He most recently served as chief operating officer, North America Major Accounts.
Both executives will report to John Lupica, vice chairman, Chubb Group and President, North America Major Accounts and Specialty Insurance.
Although he is retiring, Butler will continue serving Chubb in an active advisory capacity and will work closely with Maleno.
Prior to ACE’s acquisition of Chubb in January 2016, Maleno served as division president of ACE USA, a position he held since 2013. He joined the company in 2007 as division president, Regional Operations for ACE USA, and also served as chief operating officer and president, ACE Casualty Risk. Maleno began his insurance career with the Chubb Corp. in 1988 and served in a number of middle market commercial lines and branch roles. He was appointed senior vice president, ACE Group, in March 2014.
Merna joined ACE in 2000. During his tenure, Merna has held various senior leadership positions, including president of the Financial Solutions division and president of ACE Risk Management. Earlier in his career, he served in a range of management roles in public accounting and at American International Group in New York and Europe.