In his new role, Kirk will assume responsibility for the oversight and development of CGM’s marine portfolio underwritten in the London wholesale market, including the cargo, fine art and specie, hull, yacht and marine liability classes.
Kirk joined Chubb in 2005. He served as marine cargo product head for CGM Syndicates 2488 and 1882 before becoming deputy head of marine. He is a chartered fellow of the Insurance Institute.
Kirk succeeds Mark Edmondson, who is taking a new position as consultant marine underwriter for CGM, providing technical underwriting and special project support to Chubb’s marine team. Edmondson’s new role will include the leadership and continuing development of the hull, yacht and marine liability classes written by CGM’s London market platform.
Both Kirk and Edmondson are based in London. Kirk will report to Robert Wilson, executive vice president of marine, Overseas General Insurance. Edmondson will report to Andrew Williamson and Kirk. The changes will take effect July 11.
“I am delighted with David’s promotion to head of marine for Chubb Global Markets,” Wilson said. “It reflects the enormous contribution that he has made to CGM and is a culmination of a long-established succession plan for Mark. Having been a valuable member of our marine team for more than 16 years, David brings to the role a wealth of insight, understanding and experience, which will help us pursue continued growth as we innovate and create new solutions for our clients.”
“Mark has made a huge contribution to the growth and profitability of our business over the last eight years,” Williamson said. “CGM’s marine portfolio has thrived under his exceptional leadership, and we will undoubtedly continue to benefit from his wealth of experience in his new capacity as consultant marine underwriter.”
Source: Insurance Business Magazine