Chubb has announced the appointment of Simon Abbott as product head for aviation at Chubb Global Markets (CGM), the company’s London market wholesale and specialty arm, including its Lloyd’s platform. Abbott will be based in London and will report to Robert Wilson, chief underwriting officer for CGM and active underwriter for Chubb’s Lloyd’s Syndicate 2488. The appointment is effective in July.
In his new role, Abbott will lead all aspects of the company’s aviation business, which is based in London and has hubs in Paris and Toronto. His role includes responsibility for strategy, product and business development, underwriting and service operations, and overall profit and loss performance.
Abbott has more than 30 years of industry experience, including a wide variety of roles in the aviation sector. He joins Chubb from Global Aerospace Underwriting Managers, where he served as underwriting director. Abbott also had an earlier nine-year stint at CGM as a senior underwriter, responsible for the company’s aerospace book. He has also served as chairman of the Insurance Institute of London’s Aviation Subcommittee since 2008.
“I am delighted to welcome Simon back to Chubb Global Markets to take up this significant role leading our aviation business together with our existing experienced and talented team,” Wilson said. “Simon is a well-known and highly respected aviation insurance specialist, having worked within the market for three decades. His unrivalled knowledge, insights, expertise and understanding make him ideally placed to continue to grow our aviation business, and I very much look forward to working with him once more.”