Property and casualty insurer Chubb has announced the appointment of Jeremiah Konz as chief reinsurance officer, succeeding Michael Kessler, who has been appointed division president of the company’s global cyber risk insurance business, effective immediately.
Konz is currently executive vice president, reinsurance officer for Chubb Overseas General. In his new role, he will report to John Keogh, president and chief operating officer of Chubb, and have management responsibility for the design and purchase of reinsurance programs for Chubb and its business units globally, managing the company's reinsurance recoverable asset and overseeing relationships with its reinsurers and reinsurance brokers.
Konz will also serve as chairman of Chubb's Reinsurance Security Committee and as a member of its Global Credit Committee.
Konz brings more than 20 years of insurance industry experience to the role. He joined Chubb in 2012 as senior vice president, Ceded Reinsurance for Chubb’s North American operations. In 2018, Konz was appointed reinsurance officer for Chubb Overseas General. Prior to Chubb, he spent 13 years as an executive at Aon Benfield.
Keogh said: “Reinsurance plays a critical role in how we manage risk, and we are pleased to welcome Jeremiah to this important leadership role for our company.
“Jeremiah brings strong analytical and technical skills, and a deep understanding of insurance and reinsurance markets globally. Over nearly a decade at Chubb, he has held important reinsurance roles in both our U.S. and international businesses. I am confident that Jeremiah will be a strong partner to our company’s insurance businesses while helping us to further develop, implement and manage our reinsurance strategy.”