Chubb’s Bermuda division will play a role in planned changes to further improve the group’s world class service to clients, the company has said.

Chubb named Seth Gillston executive vice-president, head of North America Industry Practices, who will drive and lead overall strategy for Chubb's industry-focused initiatives.

It will include coordinated underwriting, risk engineering and claims services targeted to specific industries across various market segments, while Mr Gillston continues as Private Equity Industry Practice Leader.

The company said he will partner with each Industry Practice Leader to align Chubb's large, middle and small commercial market segments, as well as its wholesale excess and surplus business line, and Bermudian-based property and casualty insurance business to strengthen the company's best-in-class offerings for clients and distribution partners across these industry sectors.

Mr Gillston will be based in New York City and report to John Lupica, vice-chairman, Chubb Group and president, North America Insurance.

“Seth's rich history with Chubb, including experience leading some of our Industry Practices over the years, positions him to succeed in his new role. The relationships he has built over more than two decades with our organisation will allow him to advance these practices and primes them for future success,” Mr Lupica said.

“Additionally, his strong underwriting acumen and knowledge of our diverse network of clients and distribution partners will be key to advancing the Industry Practices' growth and creating more comprehensive insurance solutions for our customers.”

Chubb North America Industry Practices include energy, real estate & hospitality, construction, life sciences, financial institutions, transportation, manufacturing, technology, healthcare and private equity.

Mr Gillston said: “Chubb has a deep history of being a leading carrier in industry-specific practices. I'm invigorated for this new role, so that I can further enhance the strategic direction of our Industry Practices.

“We want to align all of Chubb's resources through a market-specific lens. I look forward to working with each of our Industry Practice Leaders to expand our thought leadership, tailored underwriting products, and specialised service offering.”