Swiss Insurer Chubb Life Appoints China’s Jack Jiang as CCO

(Yicai) March 13 -- Chubb Life, the life insurance branch of Swiss property and casualty insurer Chubb, has appointed Chinese insurance industry veteran Jack Jiang as its new chief commercial officer.Jiang was named CCO, effective March 1, Chubb Life announced yesterday. He will lead the company’s growth and acceleration agenda, overseeing distribution, strategy, customer engagement, product development, and strategic partnerships.His key early focus will be driving the execution of Chubb Life’s growth strategy across China, with a particular emphasis on scaling its profile, presence, and business impact in the Guangdong-Hong Kong-Macao Greater Bay Area, the firm noted.“We are delighted to welcome Jiang to Chubb,” said Bryce Johns, senior vice president of Chubb and president of Chubb Life. “With this newly created role and Jiang’s impeccable track record, we are taking a catalytic step forward, with regard to accelerating our growth agenda.”Jiang joined AIA Group in 2002, where he most recently served as deputy general manager of AIA China and general manager of its Guangdong branch. He also held other positions at AIA China, including chief customer officer, chief partnership distribution officer, and head of the high-net-worth business.Chubb Life was originally part of the Asia Pacific life and non-life insurance business of Cigna Healthcare, which was acquired by Chubb and later renamed Chubb Life in 2022.Chubb has expanded its presence in the Chinese mainland in recent years, gradually increasing its stake in Huatai Insurance Group. According to the Chinese firm’s website, Chubb now holds an 87 percent stake in Huatai Insurance through five holding subsidiaries, making it the first case in which an insurer transitioned from Chinese to foreign control.Editors: Tang Shihua, Futura Costaglione