Former Chubb leader Brock Masterson joins Crum & Forster as chief operating officer

Leading national insurance agency Crum & Forster on Wednesday announced that industry veteran Brock Masterson has joined the company’s Surety Division as a member of its executive leadership team.

In this newly established role of senior vice president and chief operating officer, Masterson will be responsible for continued growth of the division’s underwriting book and expansion of its business through deepening broker relationships, while working closely with claims, operations, information technology, finance and human resources teams to ensure oversight of processes and procedures to improve efficiencies.

“Brock has cultivated relationships throughout his career and will be a great complement to Crum & Forster’s expanding surety book. His knowledge of and approach to surety will be a tremendous asset to our business, and he will be an integral part of our leadership team,” Matt Lubin, president of Crum & Forster’s Surety Division, said. “I have worked directly with Brock and am excited for what he is going to bring to the Surety Division here at C&F as we continue to deepen our bench with top industry talent and broaden our geographic reach.”

His previous experience includes a 23-year career at Chubb, where he held a variety of underwriting leadership roles, most recently serving as senior vice president and director of the company’s National Engineering & Construction Group.

“I’m thrilled to join Crum & Forster’s Surety Division and be part of Matt’s leadership team,” Masterson said. “I look forward to leveraging this team’s expertise — helping propel its strategic growth and expanded footprint in the marketplace.”

Masterson will be based in the company’s Morristown office. He is a graduate of James Madison University with a Bachelor of Arts in international business. He earned an MBA in strategic management from Rutgers University plus a Graduate Certification in accounting from Temple University.