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Chubb Launches World Transactional Danger Platform to Develop Worldwide Footprint

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Chubb introduced the launch of a world transactional threat platform to supply transactional threat legal responsibility insurance coverage merchandise throughout worldwide markets.

Chubb has appointed Josh Cowen as senior vp, Worldwide Transactional Danger, to guide this initiative from London. Cowen, a seasoned mergers and acquisition (M&A) threat insurance coverage skilled, shall be liable for main a crew of underwriters targeted on guarantee and indemnity, tax and contingent legal responsibility merchandise in jurisdictions outdoors of North America.

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Chubb’s current North America enterprise shall be enhanced, with the addition of Cowen in London. The worldwide transactional threat platform shall be targeted on assembly the wants of dealer companions and purchasers who require a world presence and working footprint to help their world M&A transactions. The platform will function globally with one management crew led by Edward Markovich, govt vp, Chubb Transactional Danger, and can make the most of a coordinated and constant technique and method to underwriting.

Cowen joins Chubb from Fusion Specialty UK the place he was managing accomplice, in accordance with his LinkedIn profile. He beforehand held senior roles at Aviva and AIG.

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He’ll report back to Lance Fraser, senior vp, Chubb Transactional Danger. Cowen joins Chubb with almost 15 years of transaction threat expertise. Beforehand, he held senior administration roles overseeing M&A underwriting at a number of marquee insurance coverage manufacturers.

Cowen is a certified solicitor for England and Wales and practiced as a company lawyer for a number one London-based regulation agency previous to his transfer into M&A insurance coverage underwriting. He attended the College of Leeds the place he acquired a Bachelor of Arts diploma in Enterprise Commerce and later attended the BPP Legislation Faculty receiving his Graduate Diploma in Legislation (GDL) and Authorized Observe Course (LPC).

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“Chubb is positioned to help our dealer companions and purchasers with transactional threat options in jurisdictions the world over with our new worldwide enterprise lead,” stated Markovich. “Josh’s deep understanding of transactional threat underwriting, and management expertise sourcing and main M&A insurance coverage placements will complement our aim to develop our transactional threat apply as a world platform.”

Supply: Chubb

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