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Chubb Executive Receives Outstanding Asian Americans in Business Award

WARREN, NJ, June 19, 2006 -- The Asian American Business Development Center (AABDC) honored Sunita Holzer, a senior vice president with the Chubb Group of Insurance Companies, for her contributions as an Asian American business professional in corporate America.  Holzer received her award at the 5th Annual Outstanding 50 Asian Americans in Business award dinner in New York on June 16.

Holzer has served as Chubb's worldwide human resources officer since joining the company in March 2003.  With more than 20 years of experience, Holzer has also held managerial positions at GE Capital Corporate, American Express and American International Group.  She serves on the Insurance Conference Group, an organization comprised of senior human resource leaders from the top 16 insurance companies and is a member of the Human Resources Advisory Council for the Committee for Economic Development.  Holzer is also a member of the advisory board of the National Council for Research on Women, a non-profit women's research organization, and she is a member of Chubb's Women of Color Advisory Council.  Holzer has a B.S. degree from the State University of New York at Stony Brook and an M.S. degree in human resources management from the School of Labor Relations at New York Institute of Technology. 

"We are proud of the contributions that Sunita Holzer has made to our business,"  said John D. Finnegan, chairman, president and chief executive officer, The Chubb Corporation.  "As a senior executive at Chubb as well as a member of various outside professional organizations, Sunita has demonstrated outstanding leadership skills and vision.  This award recognizes the great value she brings and the role she plays to make Chubb a profitable and successful company in today's global market."

"We are appreciative of the many corporations that have recognized the contributions made by Asian American executives by nominating these individuals for the Outstanding 50 Asian Americans in Business Award,"  said John Wang, president, AABDC.  "Asian American executives bring a diverse cultural background and entrepreneurial talents that are of great value to U.S. corporations.  This award highlights the contributions of these individuals." 

Established in 1994, the AABDC supports Asian American businesses in the tri-state area and has organized the Outstanding 50 Asian Americans in Business award since 2001.  The award event highlights the contributions of Asian American businesses to the economy and recognizes senior-level corporate executives for their outstanding achievements and leadership. 

Member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers through 8,000 independent agents and brokers worldwide. Chubb's global network includes branches and affiliates throughout North America, Europe, Latin America, Asia and Australia.  Additional information on Chubb can be found on the Internet at www.chubb.com.