Chubb Bermuda has appointed Richard Porter as new senior vice president and head of financial lines.
The financial lines division of the company includes directors and officers liability, cyber, transactional risk, errors and omissions, and employment practices liability.
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Porter will report to Judy Gonsalves, who the vice president of Chubb Group and division president of Chubb Bermuda.
Gonsalves said: “We see tremendous opportunities to provide our clients with the most comprehensive set of solutions for meeting very specific needs, and believe Rick’s deep legal, risk management and insurance background, in addition to his considerable experience with both claims and compliance, will help further strengthen our ability to deliver superior Financial Lines solutions and services to the marketplace.”
Porter has more than two decades of experience in US as well as international industry. He joined the company as in 2011 associate general counsel.
In 2016, he was promoted to role of general counsel of Chubb Bermuda. In that role he also provided legal oversight for its affiliates in Dublin and London.
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By GlobalDataPrior to joining Chubb Bermuda, Porter was partner at Wilson Elser in New York for almost a decade.
Chubb Bermuda has presence in 54 countries and territories with executive offices in Zurich, New York, London, Paris, and other locations.
The company provides personal accident and supplemental health insurance, commercial-personal property and casualty insurance, reinsurance and life insurance to its clients.
