Chubb announced Wednesday that Alex Faynberg has been appointed division president, Chubb Workplace Benefits. In this new role, Faynberg will be responsible for overall growth and profitability of the business, which provides a portfolio of streamlined solutions tailored for mid-to large-size businesses and the brokers who serve them.
He will report to Richard Williams Jr., president of Combined Insurance, a Chubb company.
Faynberg brings more than two decades of experience to this new role. Prior to this appointment, he served as senior vice president and chief actuary for both Chubb’s North America Accident and Health business and Combined Insurance, which is recognized as a leading provider of individual supplemental accident, health, disability and life insurance products in the U.S. and Canada.
“Alex is a trusted executive, and has an exceptional track record of success, and a resolute commitment to our clients and customers,” Williams said. “His comprehensive expertise and forward-thinking leadership are ideal for this role as we accelerate our business strategies to deliver employee benefits solutions and support that meet the needs of a dynamic and growing market.”