Region now comprises Northern Latin
America, Southern Latin
America and Brazil
ZURICH, July 10,
2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today
announced changes to its Latin
America region's structure and leadership. To better serve
customers and distribution partners, and to take full advantage of
future growth opportunities throughout Latin America, the company has reorganized the
region into three sub-regions – Northern
Latin America, Southern Latin
America and Brazil – and
appointed leaders for each territory:
- Diego Sosa, currently Country
President of Mexico, will now have
expanded responsibility over Northern
Latin America. In addition to retaining his current
responsibilities for Mexico, Sosa
will lead a sub-region that includes Central America, Panama and Puerto
Rico. The Country Presidents of these additional geographies
will now report to Sosa.
- Mario Romanelli, currently
Country President of Chile and
head of the company's Andean Region, will now have expanded
responsibility for Southern Latin
America. In addition to retaining his current
responsibilities for Chile,
Romanelli will lead a sub-region that includes Argentina, Ecuador, Colombia and Peru. The Country Presidents of these
additional geographies will now report to Romanelli.
- Leandro Martinez, the Country
President of Brazil, will retain
his current responsibilities for this significant territory.
Sosa, Romanelli and Martinez will continue to report to
Federico Spagnoli, Regional
President, Latin America and
Division President, Consumer Lines, Overseas General Insurance.
"Our new regional structure with its three sub-regions
recognizes the significant growth and success we have experienced
in the region and will enable us to bring the full capabilities of
Chubb, with greater focus and service quality, to our commercial
and consumer clients and partners," said Spagnoli. "Diego, Mario
and Leandro are proven Chubb leaders with excellent track records
of accomplishment. Each of these executives will lead a territory
of considerable size, importance and opportunity for the company. I
have great confidence in their future success."
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. 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, Paris
and other locations, and employs approximately 40,000 people
worldwide. Additional information can be found at:
www.chubb.com.
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SOURCE Chubb Limited