Chubb today announced the promotion of Nikolay Dmitriev, currently Regional Managing Director – Russia, CIS & Turkey, to the additional new role of Regional Director of Property & Casualty (P&C), Eurasia & Africa, as it continues to position itself for targeted growth in this important emerging region.
In his new role, Nikolay will lead the development of Chubb’s P&C business across its Eurasia & Africa region, ensuring that the company’s offering and underwriting capabilities match rapidly evolving risk transfer needs. Working closely with country presidents and product line managers on the ground, he will further evolve Chubb’s P&C strategy, driving the development of new propositions and exploring opportunities offered by new distribution channels.
Nikolay retains his current duties as Country President for Russia and the CIS. In his new role, he will continue to be based in Moscow and will travel throughout the region. He will continue to report to Giles Ward, Regional President for Chubb in Eurasia & Africa.
Nikolay has 22 years of insurance industry experience, including nine at Chubb. He joined the company in his current position in 2008 from AIG, where he served as President of AIG Russia for four years. Previously, he held underwriting and underwriting management roles spanning property, energy, construction, casualty and financial lines within AIG in Russia.
The company also announced that Emre Buğday, Country President for Chubb in Turkey who previously reported to Nikolay, will now report directly to Giles Ward, effective immediately. This reflects the continued importance of Turkey to Chubb’s regional strategy.
Giles Ward, Regional President for Chubb in Eurasia and Africa, said:
“Property and casualty risk is the bedrock of our business in Eurasia and Africa. Nikolay, who has successfully managed and grown our Russian business over the past nine years, has the leadership qualities, underwriting expertise and market knowledge necessary to lead the development of our P&C portfolio across the wider region. I look forward to working with him to further develop and deliver strong propositions for our broker partners, cedants and clients.”