Chubb announced May 6 that Paul Johnstone has been tapped as Country President of the company's business operations in Canada, subject to regulatory approvals. He succeeds John Alfieri, who will retire from Chubb in July after serving the company for nearly two decades.
Johnstone presently holds the position of Chief Operating Officer in Canada. In his new role, effective July 1, he will have executive operating responsibility for the organization's retail property and casualty insurance business, including its high-net-worth personal lines and accident and health offerings for Canadian-based clients served by independent brokers and agents, says the company. He will report to Chris Maleno, Senior Vice President, Chubb Group and Division President, North America Field Operations.
"With nearly 30 years in the Canadian insurance market, Paul is poised to take on his new leadership role," stated Maleno. "His background is broad and deep, with experience in underwriting, marketing and distribution across key client segments and product groups. Chubb has a reputation for its deep management bench, and Paul's promotion demonstrates the strength of our leadership team in our diverse and thriving businesses in Canada."
Maleno thanked Alfieri for his contributions to the company. "John has been a tremendous colleague and influential leader throughout his career at Chubb. He joined the company in 2004 and played many pivotal roles, including developing the New York Region into what it is today and shaping our Client Executive team and overall field structure for our division that serve large national and multinational commercial clients. Under John's leadership, Chubb's Canadian commercial and personal lines of business have experienced significant growth, in turn preparing his successor to further that upward trajectory."
