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Paul J. Krump

Executive Vice President, The Chubb Corporation
President, Commercial and Specialty Lines

 

Paul J. Krump, executive vice president, The Chubb Corporation, became president of Commercial and Specialty lines in January 2011. He also is responsible for Chubb's Accident business.

Mr. Krump previously served as chief underwriting officer, responsible for Chubb Commercial Insurance, Chubb Personal Insurance, Chubb Specialty Insurance and Surety. From 2000 to 2008, he was the chief operating officer of Chubb Commercial Insurance, after serving in other management roles for the unit. From 1989 to 1994, Mr. Krump held several positions in Chubb's Department of Financial Institutions, including Northern zone manager and U.S. underwriting manager. He also had served as an executive protection and international underwriter in Dusseldorf, Germany, and held various commercial lines underwriting positions. He joined Chubb as an underwriting trainee in 1982.

Mr. Krump has a Bachelor of Arts degree in business administration from Saint John's University, Collegeville, Minnesota. He has also attended executive management programs at IMD in Lausanne, Switzerland; the Kellogg School of Management at Northwestern University in Evanston, IL; and the U.S. Army War College/Columbia Business School. He serves on the Board of Trustees and Executive Committee of the American Institute for Chartered Property Casualty Underwriters and is a member of the Board of Trustees at Saint John's University.  Mr. Krump also serves on the Family Service of Morris County Corporate Leadership Council in Morristown, New Jersey.