Property and casualty (P&C) insurance giant Chubb has promoted Peter Kelaher to country president for Australia and New Zealand with immediate effect.
Kelaher, who came onboard Chubb in 2008 as a financial lines underwriter, most recently served as senior vice president and P&C head for Australia and New Zealand. In his new role, the two-decade industry stalwart will have executive operating responsibility for Chubb’s general insurance business – spanning commercial P&C, traditional and specialty personal lines, and accident and health insurance.
Succeeding Jarrod Hill, who is leaving Chubb, Kelaher will oversee all facets of the business including strategy, product and business development, underwriting and service operations, and profit and loss performance. He will report to Asia-Pacific regional president and group senior vice president Paul McNamee.
“It is a great pleasure to appoint Peter to lead our Australia and New Zealand general insurance operations,” commented McNamee, who also thanked Hill for his years of service and wished the outgoing colleague the best in his future endeavours.
“Peter has taken on increased responsibility over the last several years and has proven to be an outstanding leader with the experience and skills to continue to drive the business forward. His extensive network, as well as his deep understanding of Chubb and general insurance, will allow us to continue to grow and maximise our opportunities.”
In the Australia/New Zealand market, where Chubb has been present for more than 100 years, the insurer has seven branches and a workforce of over 800 staff. Globally, Chubb employs approximately 31,000 people.