Annual Report 2005 - Chubb Group of Insurance Companies
Annual Report 2005 - Chubb Group of Insurance Companies
Annual Report 2005 - Chubb Group of Insurance Companies
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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