Three insurance professionals with experience in the high-net-worth customer segment have joined Chubb Personal Insurance (CPI).
Jennifer Celmer, Robert Haibi and Eric Shanks have been appointed to management roles at Chubb after having served in various capacities in the personal insurance operations at Fireman’s Fund Insurance Co. (FFIC).
In April, Allianz Global Corporate & Specialty (AGCS) completed the sale of the U.S. personal lines business of Fireman’s Fund Insurance Co. to ACE Ltd. for $365 million. Most of the business was high-net-worth.
ACE said it would offer jobs to most of the 500 FFIC personal lines employees.
In her new role, Celmer will serve as a worldwide underwriter for CPI’s Signature (large account) customer segment. She also will manage and help enhance the long-term strategy of the Custom Solutions team, which provides customized insurance for Signature clients who have unique and complex risks. Celmer had served as the high-net-worth segment leader for personal insurance at Fireman’s Fund. Prior to that, she held various positions at AIG Private Client Group, including eastern zone underwriting manager. She began her career as a personal insurance underwriter in New Jersey for Chubb 17 years ago.
As national brokers marketing manager, Haibi will be responsible for managing relationships with CPI’s national broker and agent partners to help drive profitable growth. At Fireman’s Fund, Haibi served as the personal insurance national distribution executive. He previously held positions with AIG Private Client Group, including central zone executive and southeast region marketing manager. He entered the insurance industry 19 years ago as a claims representative in New York for Progressive Insurance.
As a market segment manager, Shanks will have responsibilities related to marketing, services, underwriting and business strategy for Signature business. Most recently, Shanks oversaw the product management and high-net-worth underwriting departments for Fireman’s Fund’s personal insurance division. He previously held positions at AIG Private Client Group, including central zone executive, and at Chubb in Chicago, New Jersey and St. Louis. Shanks began his career as underwriter for Safeco Insurance 22 years ago.
Around the same time that it was selling the FFIC personal liens business, AGCS began integrating the FFIC commercial business into into its own commercial lines business.
The moves by Allianz signaled the end of the Fireman’s Fund brand name that had been in existence for more than 150 years.
Allianz Completes Sale of Fireman’s Fund Personal Lines to ACE
Allianz to Assume Fireman’s Fund Commercial Lines
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