Chubb announced that it is establishing an aviation hub in Singapore to further develop its overall aviation and aerospace business.
The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets (CGM), which comprises Chubb’s London Market wholesale and specialty arms, including the company’s Lloyd’s platform. Working in partnership with brokers and clients, CGM delivers tailored solutions across the risk spectrum.
The hub will be led by Alastair Stuart, who has been appointed practice leader, Aviation, Asia Pacific and joins Chubb from QBE.
In his new role, Stuart will be responsible for establishing and developing CGM’s aviation business within the region. Based in Singapore, the appointment has immediate effect, and he will report to Nigel Griffiths, head General Aviation, CGM.
Stuart has more than 20 years’ experience in the insurance industry and was previously senior underwriter for QBE’s Aviation & Aerospace business in Australia. Prior to that he worked at Aerosure Asia Pacific Pty Ltd as an Account Director.
The aviation hub in Singapore aims to further enhance CGM’s existing Asian portfolio “by accessing local business and bringing Chubb’s products and services closer to customers in Asia,” commented Simon Abbott, product line head Aviation. , CGM.
Paul McNamee, senior vice president, Chubb Group, and regional president, Asia Pacific, said: “Singapore is an important market for the aviation community in Asia. The launch of our new aviation hub is an important part of Chubb’s global expansion in this sector, enabling us to enhance our product and service offering for clients and broker partners across the region. .
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Underwriting Aviation Chubb
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