Berkley have appointed former Chubb executive Michael Maloney as one of two executive vice presidents with oversight responsibility of some of the company’s operating units. Starting immediately, he is joined by Joseph Sullivan in the role while the insurer has also promoted Philip Welt to executive vice president and general counsel among a range of other hires. The company said it will be hiring for its new positions at an accelerated pace over the next few months. Most recently at Chubb he worked as executive vice president and chief underwriting officer for North American financial lines, encompassing all notable professional liability and management liability coverages.
Berkley have appointed former Chubb executive Michael Maloney as one of two executive vice presidents with oversight responsibility of some of the company’s operating units. Starting immediately, he is joined by Joseph Sullivan in the role while the insurer has also promoted Philip Welt to executive vice president and general counsel among a range of other hires. Maloney has spent over 30 years in the property and casualty insurance industry. Most recently at Chubb he worked as executive vice president and chief underwriting officer for North American financial lines, encompassing all notable professional liability and management liability coverages.