Ace Insurance, Appoints Edward Cobb as New CEO

On the 13th, Chubb Group announced the appointment of Edward Kopp, Head of Health and Accident Insurance for the Asia-Pacific region, as the new President of Ace Insurance.

[Asia Economy Reporter Oh Hyung-gil] Chubb Group announced on the 13th that Edward Cobb, Head of Health and Accident Insurance for the Asia-Pacific region, has been appointed as the new CEO of Ace Insurance.

CEO Cobb is a financial expert with 25 years of experience and has been recognized for his achievements in leading Chubb Group's health and accident insurance division in the Asia-Pacific region since 2019, successfully establishing a sustainable business model.

He also served as CEO of Ace Insurance from 2013 and oversaw the Korean business for over four years until 2018, earning a considerable understanding of the Korean market.

CEO Cobb will report to Paul McNamy, President of Chubb Group’s Asia-Pacific business. Former CEO Edward Roh has moved to the position of President of Southeast Asia.

President McNamy stated, "Korea is a key strategic location for Chubb Group’s growth. We are very confident that Edward Cobb’s return as CEO of Ace Insurance Korea during this critical phase of business expansion will play a significant role in Chubb’s growth."

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