The newly created role will see Driscoll responsible for all aspects of CGM’s financial lines business across all sub-classes, including strategy, product and business development, underwriting and service operations, and overall profit and loss performance. His remit includes CGM’s practices for professional indemnity, medical malpractice, management liability, financial institutions and cyber.
Driscoll will be based in London and report to Robert Wilson, chief underwriting officer for CGM.
Prior to this new role, Driscoll was the former head of professional indemnity for CGM, where he led a team comprising its once separate US and non-US sides after the two groups merged in 2020. He joined Chubb in 2017 as the product head for non-US professional lines for CGM.
“I am delighted that we have been able to promote Steve to this important role within CGM as he is ideally qualified to oversee the continued development of our broader financial lines business,” Wilson said. “Our PI business has benefited hugely from Steve’s outstanding leadership over many years, and I am looking forward to him achieving the same success in this broader role.”
Driscoll’s role switch is the latest in a series of recasting in the financial lines team for CGM, such as the recent appointment of Alex Jackson as product head of management liability.
