Whitehouse Station-based Chubb, a commercial insurer, has named Mike Williams its new executive vice president and manufacturing industry practice leader, it announced Tuesday.
Williams will head strategic efforts for mid-market business by continuing to leverage Chubb’s portfolio of underwriting, claims and risk engineering solutions throughout North America. He will also strengthen relationships with distribution partners.
Jim West, executive vice president, North America industry practice leader, said the business environment is evolving and creating opportunities for manufacturers across the Untied States.
“Mike is a talented and seasoned industry veteran with strong underwriting experience, and his background is an ideal fit for identifying key trends in this dynamic industry and aligning Chubb’s capabilities with the needs of our clients to help them better manage risks in the midst of this manufacturing resurgence,” West said.
Williams has more than three decades of insurance industry experience, with 27 of those years at Chubb. He joined the company in 1989 as a commercial lines underwriter and has held several leadership roles since.
Chubb also announced Mark Locke, current manufacturing industry practice leader, is retiring at the end of 2018.
“Mark and his team have built a solid franchise that has served Chubb well throughout the years,” West said. “On behalf of the entire senior management team, we thank Mark for his leadership and all of his contributions, and wish him all the very best during retirement.”
For the rest of the year, Locke will serve Chubb as deputy industry practice leader and ensure a smooth transition for Williams.