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Chubb names Sean Ringsted EVP and chief digital officer

Sean RingstedChubb Limited, a property and casualty insurance company, announced that Sean Ringsted has been appointed executive vice president, Chubb Group, and chief digital officer, a newly created position.

Currently, Mr. Ringsted is Executive Vice President, Chief Risk Officer and Chief Actuary. He will continue to serve as the company's Chief Risk Officer.

Mr. Ringsted has 25 years of experience in the insurance industry.

Prior to ACE's acquisition of Chubb in January 2016, Mr. Ringsted was Chief Risk Officer & Chief Actuary of ACE Limited. He was named Chief Actuary in 2004 and, in 2008, was appointed to the additional role of Chief Risk Officer. He was appointed Executive Vice President, ACE Group, in March 2014.

Mr. Ringsted's previous leadership roles at ACE include serving as Executive Vice President and Chief Risk Officer for ACE Tempest Re from 2002 to 2004, and Senior Vice President and Chief Actuary for ACE Tempest Re from 1998 to 2002.

Prior to ACE, he was a consultant at Tillinghast-Towers Perrin.

Mr. Ringsted holds a Bachelor of Science degree in Biochemistry from Bristol University and a Doctorate in Biochemistry from Oxford University. He is a Fellow of the Institute of Actuaries (FIA).

Paul O'Connell has been promoted to Senior Vice President, Chubb Group, and will succeed Mr. Ringsted as Chief Actuary.

Currently, Mr. O'Connell is Vice President and Chief Actuary, Global Property & Casualty, and Chief Actuary, North America Insurance. Mr. O'Connell has more than 35 years of experience in the property and casualty insurance industry.

Prior to ACE's acquisition of Chubb in January 2016, Mr. O'Connell was Chief Actuary, Global Property and Casualty for ACE, a position he held since 2010. He was appointed Vice President, ACE Group, in March 2014.

Prior to joining ACE in 2002, he was a principal at PricewaterhouseCoopers, responsible for leading the U.S. actuarial practice and he served as a member of the firm's global insurance leadership team.

He began his career at Continental Insurance, where he served in various roles of increasing responsibility, ultimately as Vice President and Deputy Chief Actuary.

Mr. O'Connell has a Bachelor's degree in Mathematics from City University of New York, Brooklyn College.

He is a Fellow of the Casualty Actuarial Society, a member of the American Academy of Actuaries and a Fellow of the Canadian Institute of Actuaries.


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