Chubb creates SME-focused division for Asia-Pacific

Firm taps three executives to lead new unit that caters to the insurance needs of small and medium businesses

Chubb creates SME-focused division for Asia-Pacific

Insurance News

By Gabriel Olano

Global insurer Chubb has established a new division to meet the needs of small and medium enterprises (SMEs) in the Asia-Pacific region.

The new unit seeks to deliver the best value to SMEs through innovative products, tailored distribution strategies and convenient sales platforms. Heading the division are three new appointees.

Michael Cellura is the head of small commercial division, Asia-Pacific. Previously head of property and casualty insurance in Japan, he is now in charge of bringing Chubb’s capabilities in product innovation and channel expertise to small and medium businesses. He has been with Chubb for over 10 years.

Kieran Brennan is head of product development for the small commercial division. He will focus on product design and development of processes and services customised for SMEs. He joins Chubb from AIG, where he was regional underwriting manager for Asia-Pacific.

Rob Cameron is the division’s head of actuarial. He has been with Chubb for over 15 years, first as actuarial services manager for Australia and New Zealand and later, as the regional property & casualty actuary. In his new role, he will further develop new actuarial models specifically for SMEs to deliver Chubb's value propositions to market segment.

"The SMEs' demands for risk management are rapidly evolving as they continue to play an expanding role in the local economies across the region,” commented Jason Keen, Chubb’s regional head of property and casualty. “[Chubb] can provide SMEs a differentiated offering to help them thrive. I'm confident that Michael, Kieran, and Rob, in collaboration with the local SME teams in each country, will be able to tap the many opportunities to grow this exciting new division together with our existing clients and distribution partners.”

Related stories:
SMEs are likely targets for cyber breaches - Chubb
Chubb makes several global appointments
Industry has ‘major opportunity’ on SME advice

Keep up with the latest news and events

Join our mailing list, it’s free!