Global (re)insurer Chubb has announced a series of key appointments of its expanding Marine team within Chubb Global Markets (CGM).
Frank Chu joins the team as marine cargo underwriter, reporting to David Kirk, product head for cargo, effective immediately. In his new role, he will be responsible for strengthening the overall capability of the existing Cargo team within CGM, which comprises the firm’s London market wholesale and specialty business including the company's Lloyd's platform.
Chu has more than two decades of experience in the insurance industry and has previously held senior Lloyd's cargo underwriting positions with several large insurers.
He joins the growing Marine team, which includes three additional recent hires:
Emily Bryant has joined as yacht underwriter. She is responsible for managing and developing the CGM Yacht portfolio.
Ian Precious joins as marine liability underwriter. He will have oversight of the management and development of the Marine Liability portfolio within CGM and support the development of Chubb Overseas General's liability capabilities across the wider Chubb network.
Additionally, Jack Buchan joins as hull underwriter. Buchan has responsibility for growing and diversifying the hull and wider marine portfolio including underwriting brown water and specialist tonnage.
All three will report to James May, product head for Hull, Liability & Yacht.
Mark Edmondson, head of marine for Chubb Global Markets, said: "I'm delighted with the specialist knowledge and experience that Frank, Emily, Ian and Jack bring to already well-established Marine teams at Chubb Global Markets. Their technical appreciation of the marine and logistics industry and its associated risks will enable us to further provide excellent service to our clients and grow the business and footprint not only within the London market, but further afield across the Chubb Overseas General network."