Chubb Life Appoints Jack Chang to Lead Newly Acquired Life Insurance Operations of Cigna in Taiwan
Chubb Life today announced that Jack Chang has been appointed President of the company’s life insurance operations in Taiwan that were recently acquired from Cigna. Mr. Chang is currently President of Chubb Life Taiwan. In his new role, Mr. Chang will have executive operating responsibility for Cigna Taiwan and will lead the integration, subject to regulatory approval, of the Chubb Life and Cigna Taiwan insurance operations in this market. During the integration period, Rose Huang, the current Chief Financial Officer of Chubb Life Taiwan, will serve as President of Chubb Life Taiwan. Upon completion of the integration, the combined business will operate under the Chubb Life brand in Taiwan.
On July 1, Chubb, the world’s largest publicly traded property and casualty insurer, completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna in six Asia-Pacific markets, including Taiwan. The addition of this consumer-focused business advances Chubb’s strategy to expand its presence in the Asia-Pacific region, a long-term growth area for the company, and adds to an already sizable accident and health (A&H) business while expanding the company’s Asia-based life insurance presence.
Mr. Chang will report to Brad Bennett, Senior Vice President, Chubb Group and Chief Operating Officer, Chubb Life. The appointment is effective immediately.
“Jack is an experienced industry executive with a deep understanding of the insurance market in Taiwan,” said Mr. Bennett. “That experience, along with his proven track record as a leader and manager, positions him well in his new role integrating the Cigna and Chubb Life businesses and continuing to build Chubb’s life insurance presence in this important market. I look forward to working with Jack and welcome all of our new colleagues from Cigna at this exciting moment for our business in Taiwan and across the region.”
Mr. Chang has more than 25 years of experience in the insurance industry in Taiwan. He joined the company in 2021 as President of Chubb Life Taiwan. Prior to joining Chubb, he was Chief Partnership Officer at AIA Taiwan. He has also served as General Manager at TCB Life, where he was responsible for the general management and strategic direction of the joint venture between TCB Holding and BNP Paribas Cardif.