7. Chubb announced changes in the management of financial lines


Leadership changes, whether new hires or promotions, continue to feature prominently among Business insurance most read articles, and announcement by Chubb Ltd. of several changes at the head of its financial insurance division in North America was another example.

In February, Chubb announced that it had promoted Leigh Anne Sherman, a 24-year veteran with the insurer, to the position of division president of its third-party administrator, ESIS Inc.

Previously, she served as Executive Vice President, leading private / not-for-profit accountability activities in Chubb’s North American financial lines.

Ms. Sherman, who is based in New York, replaced Keith Higdon, who left the company to become CEO of Mission Underwriting Managers LLC, a technology-based P&C insurance platform in Scottsdale, Arizona. She was a 2017 Business insurance Winner Women to Watch.

The article on Chubb’s leadership changes in its North American financial lines division, including Ms. Sherman’s promotion, was the seventh most-read risk management article onBusiness insurancewebsite in 2021.

New York-based Executive Vice President Michael Mollica has been appointed to take over Ms. Sherman’s role as Head of Private Wealth / Non-Profit Accountability Activities. Previously, he led the liability management activities of Chubb’s retail financial institutions in the United States.

Stephen Troiano has been appointed Executive Vice President and named successor to New York-based Mr. Mollica.

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