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Annual Report 2005 - Chubb Group of Insurance Companies

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Starting at <strong>Chubb</strong> in<br />

underwriting support in 1971,<br />

Patricia Hall has held a variety <strong>of</strong><br />

positions in operations. As<br />

Operations Practice Support<br />

Services Manager, she is<br />

responsible for learning and<br />

development and process services<br />

for her division. She is currently<br />

developing a curriculum to train<br />

line managers in the science <strong>of</strong><br />

process management.<br />

“I like to ask the question, ‘So<br />

what’” says Patricia. “I use this to<br />

discern the impact that our<br />

projects and deliverables will have<br />

on bottom-line results. It<br />

encourages my staff to think<br />

differently about what they<br />

accomplish.” To drive this point<br />

home to her managers, Patricia has<br />

placed “So what” signs on their<br />

desks.<br />

One <strong>of</strong> <strong>Chubb</strong>’s first female<br />

African-American Vice Presidents,<br />

Patricia has also led many <strong>of</strong> the<br />

company’s diversity efforts, helping<br />

to develop the <strong>Chubb</strong> Multi-<br />

Ethnic Alliance and participating<br />

in the Minority Development<br />

Council and the Women’s<br />

Development Council.<br />

During her 18 years with<br />

<strong>Chubb</strong>, Veronica Somarriba<br />

has traveled the globe, working in<br />

Florida, Illinois, New York, Puerto<br />

Rico and the United Kingdom.<br />

Having perfected her ability to<br />

adapt American insurance<br />

products to an international<br />

market, Veronica currently works<br />

in London as Vice President and<br />

European Zone Underwriting<br />

Manager for <strong>Chubb</strong>’s specialty<br />

technology business and is<br />

responsible for underwriting and<br />

creating strategies to develop<br />

<strong>Chubb</strong>’s business in 10 different<br />

European markets.<br />

“In addition to understanding<br />

yourself and your company, you<br />

need to be flexible in order to<br />

succeed in a multicultural,<br />

multinational setting,” says<br />

Veronica. “It’s not about<br />

integrating or implementing the<br />

American way, but about finding<br />

common ground. You have to be<br />

able to match your skills, talents<br />

and assets to the local marketplace.”<br />

Beginning his career with<br />

<strong>Chubb</strong> in 1983 as a property<br />

and marine underwriter, Senior<br />

Vice President Peter Tucker was<br />

recently named New York City<br />

Branch Manager. In his previous<br />

position as the Westchester, New<br />

York Branch Manager, Peter<br />

consistently grew the branch’s<br />

premiums at a rate well above the<br />

industry average while maintaining<br />

pr<strong>of</strong>itable underwriting results.<br />

In addition, Peter worked with<br />

his Westchester staff to develop<br />

three tools that have been adopted<br />

by the company nationwide,<br />

including a prospect tracking tool,<br />

a cross-selling tool and<br />

underwriting associate template<br />

diagnostics. “It’s not just about<br />

today’s results,” says Peter. “What<br />

really matters are the dynamics<br />

you’re putting in place to sustain<br />

them year in, year out. These are<br />

the kinds <strong>of</strong> tools and processes<br />

that sustain the business.”<br />

21

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