Westchester, Chubb’s excess and surplus lines division, has appointed Alex Faynberg as executive vice-president and head of Healthy Paws, a Chubb company, effective 3 March 2025.
Faynberg, currently division president at Chubb workplace benefits (CWB), will transition to his new role at Healthy Paws, Chubb’s pet insurance company in the US.
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In his new role, Faynberg will be responsible for expanding Healthy Paws’ market presence and managing underwriting and operational priorities.
Faynberg has more than 20 years of experience, including nine years in leadership roles at Chubb.
During his tenure as division president of CWB since 2022, Faynberg led the company’s expansion in the worksite benefits market.
His previous role as senior vice-president and chief actuary at Combined Insurance saw him spearheading product innovation and business growth.
Chubb Group vice-president and Westchester president David Lupica said: “Alex’s deep experience and knowledge in both benefits and insurance will enhance Healthy Paws’ mission to help pet owners care for their pets’ health. His track record and strategic vision make him the ideal candidate to expand and grow Healthy Paws’ business.”
This week, Chubb appointed Ana Robic as the new regional president for Europe, the Middle East and Africa (EMEA), succeeding David Furby.
Furby, senior vice-president of Chubb Group, will assume the position of executive chairman for the EMEA region.
Melissa Scheffler, who currently serves as the chief operating officer of personal risk services (PRS), will step into Robic’s former role as the president of PRS and become vice-president of Chubb Group.
Last month, Chubb reported net income of $2.57bn (SFr2.31bn) for the fourth quarter of 2024 (Q4 2024), marking a 22% decrease from the $3.3bn recorded in Q4 2023. However, the company’s net income for the full year increased by 2.7% to a total of $9.27bn.
