Chubb has appointed Alex Faynberg as division president of Chubb Workplace Benefits.
In his new role Faynberg (pictured) will be responsible for overall growth and profitability of the insurer and will report to Richard Williams, Jr., president of Combined Insurance, which is also part of the Chubb group.
Faynberg was most recently senior vice president and chief actuary for Chubb’s North America accident and health (A&H) business and Combined Insurance.
Commenting on Faynberg’s appointment, Williams said: “Alex is a trusted executive, and has an exceptional track record of success, and a resolute commitment to our clients and customers.
“His comprehensive expertise and forward-thinking leadership are ideal for this role as we accelerate our business strategies to deliver employee benefits solutions and support that meet the needs of a dynamic and growing market.”
Faynberg added: “This is an exciting time to lead Chubb Workplace Benefits, as we sharpen our ability to offer clients and partners a competitive advantage through our broad range of products, resources, and support.
“With our organisation’s proud history in providing insurance solutions, a growing industry-leading team, and a steadfast culture of service, we are well-positioned for an outstanding future.”