Lou Capparelli
to serve as Chairman of Global Casualty
NEW
YORK, Feb. 4, 2025 /PRNewswire/ -- Chubb today
announced the appointment of Seth
Gillston as Executive Vice President, Head of Global
Casualty for Major Accounts in North
America. Seth will oversee the day-to-day operations of the
Chubb Global Casualty business unit, which provides domestic
casualty insurance coverage offerings and service solutions to
large national and multinational companies.
In addition, he will lead all strategies around production,
product development and management, and profit and loss
performance. Seth will be based in New
York City and report to Matt
Merna, Senior Vice President, Chubb
Group and Division President, North America Major Accounts.
Seth succeeds Lou Capparelli, who
will now serve as Chairman of Global Casualty.
"Seth's extensive experience and deep understanding of our
clients' needs will be invaluable as he drives the strategic
direction of the Global Casualty business," said Merna. "Together,
Seth and Lou will work closely to enhance our capabilities and
service offerings, aligning our global casualty strategies with the
needs of our distribution partners and clients, further
strengthening our position as a leading provider of casualty
solutions."
Gillston has nearly 30 years of insurance industry experience.
He joined Chubb in 2000 and has held leadership roles in M&A
and Private Equity, Global Casualty, Real Estate & Hospitality
Practice, Alternative Risk Solutions group and North America
Industry Practices.
Capparelli joined Chubb in 2002 and has led the Global Casualty
business unit since 2017. Previously, he served as Executive Vice
President of Chubb's Global Casualty Field Operations.
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.
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SOURCE Chubb
