Chubb announced the appointment of Jeremiah Konz as its Chief Reinsurance Officer in a recent statement. Presently, Mr. Konz is Executive Vice President, Reinsurance Officer for Chubb Overseas General.
In his new role, Mr. Konz will have management responsibility for the design and purchase of reinsurance programs for Chubb and its business units globally, managing the company’s reinsurance recoverable assets and overseeing relationships with its reinsurers and reinsurance brokers, Chubb said.
Mr. Konz succeeds Michael Kessler, who was the Division President of the company’s global cyber risk insurance business. Mr. Konz, who has over 20 years of industry experience will report to John Keogh, President and Chief Operating Officer of Chubb.
Mr. Keogh commented, “reinsurance plays a critical role in how we manage risk, and we are pleased to welcome Jeremiah to this important leadership role for our company. Jeremiah brings strong analytical and technical skills and a deep understanding of insurance and reinsurance markets globally.
Over nearly a decade at Chubb, he has held important reinsurance roles in both our U.S. and international businesses. I am confident that Jeremiah will be a strong partner to our company’s insurance businesses while helping us to further develop, implement, and manage our reinsurance strategy.”