WHITEHOUSE STATION, N.J., Dec. 12, 2016 /PRNewswire/ -- Chubb announced today the appointment of Jeffrey Updyke as Regional Manager for the Northeast and Mid-Atlantic Regions of the company's Commercial Insurance division in North America.
Chubb's operations in these regions serve commercial customers in the middle market through independent agents and brokers across a network of nine branch and field offices. In this role, Mr. Updyke will be responsible for executing the underwriting and sales strategies of this business unit, as well as staff management, production, profit and loss, and distribution management.
Mr. Updyke succeeds Jane Peterson, who will retire from Chubb in January after 32 years of service. He will report to Steven Pozzi, Senior Vice President, Chubb Group and Division President, North American Commercial Insurance.
"Having risen through the underwriting ranks earlier in his career and recently serving as a branch manager, Jeff brings deep expertise in both the underwriting and distribution sides of our business," said Mr. Pozzi. "He is a talented leader and his experience in various industry practices and product lines will serve him well in bringing the full breadth of Chubb's capabilities to these two important regions."
Mr. Updyke is a 25-year insurance professional. He joined Chubb in 1991 and has held various underwriting and marketing roles of increasing responsibility during his tenure with the company. Most recently, he served as Regional Chief Operating Officer for the company's Northeast Region where he oversaw Chubb's operations in Connecticut, western Massachusetts, and upstate New York. Mr. Updyke holds a Bachelor of Arts degree in Economics from St. Lawrence University.
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 (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: chubb.com.