Chubb has appointed Matthew Hardy as executive vice president, Global Energy, Chubb Overseas General.
The appointment is effective July 1 and Hardy will report to Timothy O’Donnell, the newly appointed division president, Commercial Property & Casualty, Chubb Overseas General.
Hardy was previously product head – Energy, Chubb Global Markets, and head of International Energy for Chubb Overseas General, where he led Chubb’s efforts to develop and deliver solutions for the complex international risk management needs of its energy clients.
He joined the business in 1996 as an assistant underwriter and has since progressed to head of Onshore Energy before becoming chief underwriting officer, Chubb Overseas General Energy and later head of the International Energy Division.
Hardy replaces Roger Giddings who will leave Chubb later in the year. In the meantime, Giddings will work closely with Hardy to ensure a smooth transition, said Chubb in a statement.
In a further change to the team, Riaz Thanduparakkal has been promoted to the role of product head Chubb Global Markets Energy.
The appointment is effective July 1 and Thanduparakkal will report to Matthew Shaw, division president for Chubb Global Markets, and Matthew Hardy, executive vice president, Global Energy.
Thanduparakkal was a former senior energy insurer. He started his career as a customer manager at Oman Insurance Co. in Dubai with 16 years of industry experience. Moving to London in 2006, Thanduparakkal moved to London in 2011 when Marsh (then ACE) worked as a customer manager at Marsh’s Energy Practice before joining as an author of the energy flow energy team.
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