Chubb today announced that it is expanding its life science team in the UK and Ireland, as it continues to build its specialty casualty insurance capabilities for middle-market and multinational businesses across the region.
Stephen Barr, currently Casualty Underwriter for Chubb in Scotland, has been promoted to the role of Northern England and Scotland Senior Life Science Underwriter. He will be responsible for driving the development of Chubb’s life science portfolio across Chubb’s North of England and Scotland business region. Stephen has over ten years of insurance industry experience, having held a series of underwriting positions with the company, and previously with AIG. In his new role, Stephen will be based in Glasgow, reporting to Andy Macfarlane, Regional Manager for Chubb in Scotland and to Scott McFarlane, Life Science Manager for Chubb in the UK and Ireland. His appointment is effective immediately.
Headed by Scott McFarlane, Chubb’s 15-strong life science team is one of the largest in the UK. The company’s National Underwriting Centre has an underwriting team with a combined 35 years of experience specialising in the industry, complementing Chubb’s market-facing regional team as follows:
London and national team
· Scott McFarlane UK and Ireland Life Science Manager
· Claire Wilkinson Senior Life Science Underwriter
· Sara Orchard Senior Life Science Underwriter
Midlands and South
· Jayne Gardner, Senior Life Science Underwriter
· Grainne Gleeson, Senior Life Science Underwriter
North and Scotland
· Stephen Barr, Senior Life Science Underwriter
National Underwriting Centre
· Stephen Moulton, Life Science Manager
Chubb’s life sciences proposition includes property, liability and professional indemnity covers and caters for a broad range of smaller, medium and large pharmaceutical, medical device and service companies in the UK and Ireland, including for clinical trial risks. Chubb’s offering is distinguished by comprehensive cover, including the innovative extended liability cover and our life science claim and risk engineering specialists to help our clients when they need it.
Scott McFarlane UK and Ireland Life Science Manager for Chubb, said:
“Life science is one of the most dynamic parts of the UK’s economy, with companies in the sector having raised a total of £6bn in investment between 2014 and last year– a historic three-year high. To continue to expand, life science businesses need the added-value that specialist insurance teams which truly understand the unique challenges the sector is facing can bring, along with the insurance cover that will allow them to grow with confidence.”
“Stephen’s promotion reflects our commitment to expanding our life science capabilities across the UK and having dedicated underwriting resources in every part of the region. Our UK and Ireland team, one of the very largest and most experienced in the market, combined with a multi-line approach and our unmatched multinational capabilities, sets Chubb apart from competition. I look forward to working with Stephen and wish him all the best in his new role.”