Chubb has announced the establishment of a division in Asia-Pacific dedicated to the risk management needs of small and medium-sized enterprises (SMEs). This new business division will focus solely on delivering a sustainable value proposition to SMEs through innovative products, tailored distribution strategies and convenient sales platforms.
In line with this, three new key appointments were made for Chubb’s small commercial division.
Chubb appointed Michael Cellura as its Asia-Pacific head of small commercial division. Cellura has been with Chubb for more than 10 years and has a wealth of international underwriting and business development experience. In his new task, Cellura lead Chubb's product innovation and channel expertise in agency, bancassurance, broker and digital channels, to serve the needs of small commercial businesses.
Kieran Brennan was appointed Asia head of product development, small commercial division. Brennan will focus on product design as well as the development of processes and service for SMEs. He was previously with an international insurer as its Asia-Pacific chief underwriting officer for the SME division.
Rob Camero was appointed Asia-Pacific Head of Actuarial, small commercial division. Cameron brings with him 15 years of actuarial experience. In his new role, he will develop new actuarial models specifically for SMEs to ensure Chubb's value proposition is customised for this 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,” Chubb regional head of property & casualty Jason Keen said. “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.”
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