Chubb, a global property and casualty insurer, announced the appointment of Mark Homan as Division President of International Property and Casualty (P&C) for Overseas General Insurance, its international general insurance operations.
Homan, who currently serves as Chief Operating Officer for the division, will assume his new role on June 1, 2023.
He is responsible for managing Chubb’s international commercial property and casualty (P&C) insurance business, including property, casualty, professional lines, energy, and marine product lines.
Homan replaces Timothy O’Donnell, who retired from the company after 20 years of service.
Homan will report directly to Juan Luis Ortega, Chubb Group’s Executive Vice President and President of Overseas General Insurance.
Ortega expressed confidence in Homan’s abilities, saying, “Mark is an experienced underwriter with deep international experience.”
“During the past 12 years at Chubb, he has successfully led our casualty business, helping to drive growth that has positioned Chubb as a market leader in one of our largest international P&C businesses. Frequently featured Mark has a thoughtful and effective approach to managing and expanding our business, from casualty to other P&C lines.
“Tim has had tremendous success at Chubb, most recently leading substantial growth and consistently improving margins in our P&C division. During his tenure at Chubb, Tim also led our international Financial business Lines as well as Professional Lines in North America. He is a trusted partner and has played a key role in promoting and nurturing talent around the world. We congratulate Tim for an outstanding career in insurance worldwide and wish him well in this new phase of his life,” about O’Donnell’s retirement, Ortega said.
With three decades of experience in the insurance industry, Homan brings a wealth of knowledge and expertise to his new role. Prior to serving as Chief Operating Officer for the division, he held the position of Executive Vice President, International Casualty at Chubb.
Homan began his insurance career in 1993 and has held management positions at prominent organizations such as Allianz, AIG, and Wüba, where he served as a board member.