(MENAFNEditorial) Chubb Makes New Cyber Appointments for Asia Pacific
SINGAPORE - - September 4, 2017 - announced today two appointments
for its regional Cyber team in Asia Pacific:
Andrew Taylor has assumed the position of Cyber
Underwriting Manager for Asia Pacific, responsible for the expansion of Chubb's
Cyber insurance business, from guidelines to ratings and portfolio management,
in the region. Based in Sydney, he will lead efforts to craft solutions and
deliver expertise to help clients manage and mitigate cyber risks.
Mr. Taylor joined
Chubb in 2009 in the Information and Technology team and started underwriting
cyber risks in 2010 as one of the region's first cyber specialists, playing an instrumental
role in the growth of Chubb's cyber portfolio. He has extensive technical
capabilities and experience in the insurance industry spanning over 20 years,
having worked in the London and Asian Professional Liability markets. He
commenced his career as an accountant and has since held senior underwriting
and portfolio management positions in Specialty Lines, specifically in
Professional Indemnity, Technology Errors & Omissions, Media Liability and
Cyber products.
John DePeters has been appointed as Cyber Underwriter for Asia
Pacific. With over 5 years of Cyber underwriting experience, he is tasked with supporting
Mr. Taylor to drive the growth of Chubb's Cyber insurance business, including
underwriting, marketing, training, product development, and vendor expansion,
across the region. Mr. DePeters relocated from San Francisco to Singapore to
assume his new position.
Prior to this new
appointment, Mr. DePeters was an Executive Underwriter in the Chubb North
America Financial Lines division, responsible for Cyber and Technology Errors &
Omissions underwriting in the US Pacific Northwest territory including Silicon
Valley. He managed a wide range of accounts from SMEs to the world's largest
technology companies. A graduate of the Chubb Associate Program, Mr. DePeters began
his career at the company as a Global Casualty Underwriter in the Major
Accounts division based in New York. He holds a Bachelor of Arts Degree in Economics
from Brown University, US.
Both Mr. Taylor and
Mr. DePeters report to Stanley Wong, Head of Financial Lines for Asia Pacific.
On the new
appointments, Mr. Wong said, "One of the key growth areas for our region, Chubb's
Cyber book of business has grown significantly in the past 12 months. We saw
the need to further invest in and hire specialist
resources to drive the development of this business portfolio, underscoring our
commitment to Cyber protection in the region. The breadth and depth of Andrew and John's expertise in this field
will serve us well as we continue to strengthen our capabilities to craft
solutions that mitigate a broad spectrum of cyber risks across Asia Pacific."
"As technology
becomes more embedded in our lives, cyber exposures continue to unravel at a
rapid pace. We need to ensure that we have the right talent in place to educate
and advise our clients on where these threats are originating and work with
them to develop holistic solutions to cyber risks. I'm confident that with
Andrew and John, our Asia Pacific cyber practice is poised to deliver on the
wealth of global experience we have in cyber underwriting," added Tim
Stapleton, Cyber Insurance Product Manager & Information Technology
Practice Leader, Chubb Overseas General.
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.
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