As the insurance sector continues to embrace the digital revolution, Chubb has announced the creation of a brand new role as it looks to develop its own technologies and digital platforms to service small businesses.
Patrick Suter will take the position of head of digital product development for SMEs in the UK and Ireland and will be responsible for creating new digital products, generating insight to better tailor products for customers and supporting the growth of the company’s SME portfolio. He will be based in London, reporting to Ruth Polyblank, head of SME for Chubb in the UK and Ireland.
“From digital start-ups to photographers, the 5.4 million SMEs in the UK are the backbone of the British economy,” commented Polyblank. “To grow, small businesses need the confidence that comprehensive insurance cover can give them backed-up by digital solutions that save them time and resources.
“With demand from small businesses and brokers growing, we are placing innovation and going beyond traditional insurance models at the very heart of our SME strategy to meet changing customer needs. Patrick, with his great experience in advanced analytics and his solution-driven thinking will be pivotal to the success of our strategy.”
Suter boasts eight years of insurance industry experience, having held both actuarial and underwriting positions. He joined ACE in 2009 as one of the first actuarial analysts in the corporate predictive modelling team based out of Bermuda, focusing on the development of the company’s analytic capabilities across international property and casualty. In 2012, he moved in to a casualty pricing role, focusing on portfolio management and pricing model development and in 2014, he joined the global accounts division as a casualty underwriter.
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