TORONTO, July 7, 2016 /CNW/ -- Chubb has appointed Jennifer Devereaux, Vice President, Excess Major and Specialty Casualty, and Kimberley Higgins, Vice President and Toronto Commercial Insurance Manager, to manage its Healthcare Industry Practice business in the Canadian Region. These roles will be in addition to their existing leadership responsibilities at Chubb.
Ms. Devereaux, who has more than 20 years of insurance industry experience, will be the Healthcare Industry Practice Major Accounts Leader for the Canadian region. She will be responsible for coordinating large healthcare account business on a multi-line basis. Prior to ACE's acquisition of Chubb in January 2016, Ms. Devereaux served as Vice President, Casualty Risk, for ACE.
Ms. Higgins, who has 16 years of industry experience with a specialization in life sciences, will serve as the Healthcare Industry Practice Commercial Insurance Leader responsible for coordinating the region's middle market healthcare business. Prior to ACE's acquisition of Chubb, Ms. Higgins served as Assistant Vice President, Toronto Commercial Manager for Chubb.
"Canadian healthcare spending in both public and private sectors has continued to trend upward. The rise in spending along with other trends like M&A activity have challenged customers to find new risk management strategies to protect themselves against evolving liabilities. Through our Healthcare Industry Practice, we are able to offer this industry sector more creative and innovative coverage solutions to help mitigate today's risks," noted Caroline Clouser, Executive Vice President, Chubb Global Healthcare Industry Practice. "I am pleased that Jennifer and Kimberley will manage our Industry Practice in the Canadian Region. Both individuals possess deep industry knowledge and underwriting expertise making them well-suited for these key roles. They will be instrumental in ensuring we deliver consistent and best-in-class healthcare solutions to our Canadian customers."
Chubb announced the formation of its Global Healthcare Industry Practice in March 2016. The practice brings together the company's capabilities to offer a full range of innovative insurance products and services for healthcare customers, including hospitals, long-term care facilities, managed care providers, and other miscellaneous medical facilities and operations.
The healthcare industry can access Chubb's specialized products and services through the Canadian Region's four branch offices in Toronto, Montreal, Calgary, and Vancouver. A broad suite of coverage options are available, including:
- Medical Professional Liability
- Property, Builders' Risk and Equipment Breakdown
- Management Liability
- Privacy & Network Security
- Accident & Health
Healthcare customers will also have access to Chubb's customized risk management and engineering services that provide convenient and timely access to information about evolving risk exposures, risk identification, strategy implementation and effective communication.
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: new.chubb.com.