MSIG Holdings USA Names Sullivan Board Chair; Chubb Promotes Gaspero to Oversee Excess Casualty Major Accounts

MSIG Holdings USA Names Sullivan Board Chair

MSIG USA, headquartered in Warren, New Jersey, appointed Martin J. Sullivan, chairman by the board of MSIG Holdings (U.S.A.), Inc.

With more than five decades of experience in insurance and financial services, Sullivan previously served as president and chief executive officer of AIG Inc., deputy chairman of Willis Group Holdings plc, and, most recently, senior advisor at Lightyear Capital LLC, a New York-based private equity firm. He also currently chairs Hartford Underwriting Agency Ltd. and serves on several boards of Lightyear portfolio companies.

Chubb Appoints Gaspero National Account Segment Leader of Major Accounts Excess Casualty

Chubb, headquartered in New York City, appointed Joe Gaspero as senior vice president, national account segment leader of major accounts excess casualty.

Gaspero oversees the growth and development of Chubb’s national account portfolio for excess casualty business in the United States and drives the growth of Chubb’s new claims-made excess casualty facility product launched earlier this year.

Based in Philadelphia, Gaspero has nearly 15 years of insurance industry experience, joining Chubb in 2013. He most recently served as eastern region leader for major accounts excess casualty, where he managed underwriting operations and drove growth along the U.S. East Coast regions.

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Casualty