They 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 . He joined Berkley as executive vice president and chief operating officer of Facultative ReSources in 2010 and was named president in 2012. 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 , overseeing all notable professional liability and management liability coverages .
They 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 , overseeing all notable professional liability and management liability coverages .