UK Chubb strengthens its trade credit team in the US

Chubb Global Markets has announced the opening of a new office in Chicago and the appointment of an underwriter in its New York office, as it continues to build and expand its trade credit insurance capabilities for US companies.
The new office in Chicago will enable Chubb Global Markets to strengthen its presence and client relationships across the US Midwest region with a focus on the industrial sector. The office will be headed by Peter Hunter, who will serve as Vice President, Trade Credit, Chicago. Peter has more than 20 years of insurance industry experience. He joins Chubb from American International Group (AIG) where he held the position of Regional Underwriting Manager, Trade Credit, Chicago. In his new role, he will report to Fredrik Murer, Head of Americas, Political Risk and Credit for Chubb Global Markets.
Reporting to Peter at the Chicago Office will be Yoon Koh, who will serve as Senior Underwriter, Trade Credit, Chicago. Yoon joins Chubb from AIG, where she held a series of underwriting positions over the last four years, most recently as Senior Underwriter, Trade Credit, Chicago.
In addition, the company has added an underwriter to its New York team. Brennan Elio has been appointed as Assistant Vice President, Trade Credit, New York. In his new role, Brennan will focus on the development and profitable growth of Chubb’s trade credit business in the U.S. East Coast region. He has more than seven years of insurance industry experience and joins Chubb from AIG where he held the position of Regional Underwriting Manager, Trade Credit, New York. He will also report to Fredrik Murer.
Julian Edwards, Political Risk and Credit for Chubb Global Markets, said: “I am delighted that underwriters of this calibre and experience have joined our U.S. team. Chubb’s expanded team will be even better placed to provide our clients in the Midwest and across the US with the comprehensive trade credit solutions they need to confront today’s complex global challenges. Building on Chubb’s significant distribution capabilities, we will offer clients a wider range of solutions, including political risk insurance for businesses with operations abroad as well as trade receivable solutions for regional banks. I welcome our new colleagues to Chubb and very much look forward to working with them.”
Chubb Global Markets is a market leader in political risk and credit insurance solutions with operations in the US, UK, Brazil, Argentina, Germany, Singapore and Japan.