This significant change in leadership is awaiting regulatory nod and is set to become official by September 1, 2023.
Diving deep into Chubb’s operations, the firm stands tall as a premier player in the property and casualty insurance sector. With a sprawling network and influence, it offers a broad array of risk management and insurance solutions tailored for various segments, including individuals and businesses.
Turning our spotlight onto the new leadership, Janice Mo will be stepping into her new role succeeding Edward Kopp. Kopp has been promoted to the position of Regional President for the Far East and has also taken on the mantle of Country President for Japan. Mo’s extensive credentials involve her current tenure as Senior Vice President for P&C, Claims and Corporate Strategy. Once she assumes her new position, Mo will oversee Chubb’s overarching performance throughout Korea.
Janice Mo isn’t a novice in the insurance and finance sectors. Boasting over three decades of enriched experience in financial services, Mo’s expertise is a treasure trove. She embarked on her journey with Chubb in 2014 as the Head of Property & Casualty and Agency Distribution Management. Mo’s prior stints include a decade with AIG as the Head of Commercial Insurance for Korea and another decade with Deutsche Bank, culminating in her role as Vice President of Global Banking in Korea.
Paul McNamee, Regional President, Asia Pacific, showered praises on Mo and said, “Janice is a seasoned insurance professional with a proven track record of successfully driving businesses to deliver sustainable and profitable growth. Our local operations globally – a defining Chubb strength – benefit from our capacity and commitment to recognise and promote talent within the organisation. Janice is well positioned to lead the continued growth, transformation and innovation across our general insurance business in Korea.”
In a recent update from Chubb, the company disclosed a string of appointments across its Asian and Australian & New Zealand operations. Furthermore, Chubb has also renewed its global property catastrophe reinsurance program during the April renewal phase for its North American and International ventures. The program also encompasses terrorism coverage, seeing no significant amendments from the previous term, albeit with increased retention.
Source: FinTech Global
