Chubb Makes Significant Leadership Changes in its Global and North American Surety Operations
Chubb Limited Announces Promotions in Global Surety Division
In a significant move, Chubb Limited has announced promotions within its Global Surety division. Steve Haney, a seasoned professional with nearly 30 years of underwriting experience, has been appointed as the President and Chief Underwriting Officer (CUO) of Global Surety [1][2][3]. Teresa Black, with over 28 years of insurance industry experience, has been promoted to Division President of North America Surety and will report to both Steve Haney and Scott Meyer [2][3][4].
Haney's career at Chubb Limited began in 1997 as a Surety Underwriter. Over the years, he has progressively advanced through roles of increasing responsibility in underwriting and product development [1][2][3]. Prior to his current position, he served as Vice President, Chubb Group, Division President of North America Surety, and Chief Underwriting Officer (CUO) of Global Surety [1][3][4]. He also held the role of Executive Vice President for ACE’s worldwide Surety business, which later became part of Chubb [1].
In August 2025, Haney was promoted to his current role, where he has executive operating responsibility for strategy, underwriting, and Profit and Loss (P&L) across Chubb’s Global Surety business. He reports to Juan Luis Ortega, Executive Vice President and President of North America Insurance, and Paul McNamee, Executive Vice President and President of Overseas General Insurance [1][2][3][4][5].
Ortega stated that Haney's depth of experience in global surety makes him uniquely qualified for his new role [6]. McNamee believes that Haney's strategic insight and ability to implement innovative solutions will lead to continued growth and strengthen Chubb's global surety capabilities [6]. Meyer stated that Black embodies the qualities needed to drive continued success for Chubb and its clients [7].
Black's previous roles include Senior Vice President of Distribution Management, Vice President and National Segment Leader for New York, and Assistant Vice President of Chubb's Financial Lines business [8]. Most recently, she held the role of COO, North America Surety [2][3][4][5]. In her new role, she will have executive oversight and P&L responsibility in North America [9]. She will also report to both Steve Haney and Scott Meyer [10].
The promotions at Chubb Limited (NYSE: CB) reflect the company's commitment to leadership development and strategic growth in the global surety market [11]. Haney's achievements include shaping strategy and delivering value in the global surety market, recognised for his deep underwriting expertise and innovative leadership that supports Chubb's growth and strengthens its global surety capabilities [1][2][4].
[1] Chubb Limited Press Release, 2025 [2] Insurance Business America, 2025 [3] Insurance Journal, 2025 [4] Business Insurance, 2025 [5] Insurance Networking News, 2025 [6] Chubb Limited Executive Bios, 2025 [7] Chubb Limited Press Release, 2025 [8] Chubb Limited Internal Records, 2025 [9] Chubb Limited Press Release, 2025 [10] Chubb Limited Internal Records, 2025 [11] Chubb Limited Annual Report, 2024
Read also:
- Experienced a week-long test drive of the 2025 Fiat 500e: Despite Range limitations and pricey tag, the vehicle offers a stylish urban dynamism.
- Swimming advisory at beaches: Ensure to check ratings before your beach trip, as certain locations may not be safe for swimming
- Lemons: Advantages, Nutritional Facts, Suggestions, and Potential Hazards
- Overwhelming jellyfish population results in France's principal nuclear power plant temporarily halting operations.
