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Chubb Appoints New Country President for Korea

– Edward Ler appointed Country President, Korea 

– Soledad Muné appointed new Head of International Personal Lines, Asia Pacific

SINGAPORE – 29 January 2018 – Chubb today announced the appointment of Edward Ler as the new Country President for its general insurance business in Korea. Mr. Ler replaces Edward Kopp, who was recently appointed as the new Country President for Chubb’s general insurance business in Thailand.

Mr. Ler joined Chubb in 2013 as Senior Vice President and Regional Head of Personal Lines, which includes oversight for Motor, Residential, High Net Worth and Specialty Personal Lines. During 2014-2016, in addition to his business leadership role, he was concurrently President Director for Chubb in Indonesia. Mr. Ler’s 15-year career in the insurance industry spans a variety of managerial roles covering the Asia Pacific, the Middle East and European markets. In his new capacity, Mr. Ler will continue to report to Paul McNamee, Chubb’s Regional President for Asia Pacific.

Succeeding Mr. Ler as the new Asia Pacific Head of Personal Lines, is Soledad Muné. Presently Chief Underwriting Officer, Personal Insurance for Chubb Overseas General, Ms. Muné is resposible for ensuring the continued profitability of the company’s international auto and residential insurance portfolios. With more than 15 years of industry experience in both U.S. and international personal lines businesses, Ms. Muné is ideally suited to this growing and dynamic market segment in Asia Pacific. In her new role, she will be based in Singapore and will report to Mr. McNamee and by matrix to Daryl Page, Division President, International Personal Lines, Chubb Overseas General.

Both Mr. Ler and Ms. Mune’s appointment will be effective on 1 March 2018.

“Our ability to move talent like Edward and Soledad across geographies when opportunities arise, speaks to the depth of talent we have at Chubb,” said Mr. McNamee. “Edward is a highly experienced insurance professional with a proven track record of success. With his strong leadership skills, coupled with his passion for our business, he is an ideal fit for this Country President role. Soledad has worked closely with Edward during his oversight of the Personal Lines portfolio. With a deep understanding of the business, backed by strong analytical and business development skills, Soledad is a natural choice to lead this vibrant and strategically important business for Chubb in Asia Pacific.”

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