Tara Parchment, previously Vice President, Personal Risk Services, UK & Ireland, has been appointed as head of our European Personal Risk Services division.
In this role, Tara will have responsibility for the performance of the High Net Worth personal lines business in the UK and Continental Europe.
Tara has more than 20 years of insurance industry experience at Chubb. Before assuming her new role, Tara was Vice President, Personal Risk Services, UK & Ireland, and prior to that UK and Ireland Personal Lines Manager. In her earlier Chubb career Tara held a variety of underwriting positions before becoming European Underwriting Centre Manager for Personal Lines.
Tara will continue to be based in London and will report to David Robinson, Executive Vice President, Europe and Division President, UK and Ireland.
She will also have matrix reporting lines into Jeff Moghrabi, Division President, Continental Europe and Darryl Page, Vice President, Chubb Group and Division President, International Personal Lines.
Jalil Rehman, Executive Vice President and Chief Business Operations Officer, Europe will continue to use his expertise to mentor and guide the Personal Risk Services team.
"I am delighted that Tara has been appointed to this important and high-profile role. Tara’s knowledge, experience and understanding is unrivalled within the High Net Worth world and she is quite rightly regarded with enormous respect by brokers, clients and key figures in the insurance industry.
"Tara has been an integral part of our growth in the High Net Worth market for more than two decades. She was a member of the original team which launched High Net Worth in the UK 20 years ago and has made a tremendous contribution to the enormous growth of this business. Tara is perfectly placed to help our Personal Risk Services business develop further to meet the evolving needs of this crucial market.
"Delivering a superior insurance proposition and exceptional claims service for our High Net Worth clients continue to be our top priorities. These provisions have made us what we are and they will continue to be the hallmark of High Net Worth going forward. Together with our highly experienced team of personal lines specialists, Tara will also ensure that we work even more closely with our broker partners to create new opportunities for mutual growth."
"Tara’s appointment is richly deserved. I am absolutely thrilled that she has taken this role and look forward to the continued growth and development of our Personal Risk Services business. Under her leadership, Personal Risk Services will continue to provide the exclusive and highly specialised services and insight which are the foundations of its success."