TLDR:
- Chubb launches global transactional risk platform to offer international insurance products.
- Josh Cowen appointed as Senior Vice President to lead the initiative.
Chubb has introduced a groundbreaking global transactional risk platform to expand its footprint internationally. The platform aims to deliver transactional risk liability insurance products across international markets. Josh Cowen, a seasoned professional in M&A risk insurance, has been appointed as Senior Vice President to spearhead this initiative from London. Cowen, with vast experience in M&A underwriting and leadership roles in insurance companies, will oversee a team of underwriters specializing in warranty and indemnity, tax, and contingent liability products in regions outside North America.
Prior to joining Chubb, Cowen served in leadership positions in M&A underwriting at prestigious insurance companies and also worked as a corporate lawyer at a top law firm in London. With nearly 15 years of transaction risk expertise, he will report directly to Lance Fraser, Senior Vice President of Chubb Transactional Risk. The new global transactional risk platform will cater to the needs of broker partners and clients looking for a global presence to assist in their M&A transactions.
Edward Markovich, Executive Vice President of Chubb Transactional Risk, will lead the platform globally under a unified leadership team with a cohesive strategy and approach to underwriting. The platform aims to support broker partners and clients with transactional risk solutions across the world. Markovich expressed confidence in the growth of the transactional risk practice as a global platform with Cowen’s leadership.
