Paul J. Krump is Executive Vice President, Chubb Group and President, North America Commercial and Personal Insurance. Mr. Krump has executive operating responsibility for the retail commercial property and casualty insurance businesses serving the middle market and small commercial customer segments in the United States and Canada, as well as the company’s personal lines insurance business, which provides insurance products and services to high net worth individuals and families in North America. He also has senior executive responsibility for global claims and risk engineering.
Prior to ACE’s January 2016 acquisition of Chubb, Mr. Krump was Chief Operating Officer of The Chubb Corporation, where he was responsible for the company’s Commercial, Specialty, Personal and Accident & Health insurance lines; Claims; Global Field Operations; Information Technology; Human Resources; Communications; and External Affairs.
Mr. Krump has more than 35 years of insurance industry experience. He joined the predecessor Chubb company in 1982 as a commercial underwriting trainee in the Minneapolis office, and has held numerous headquarters and field positions in the United States and Europe.
Mr. Krump holds a Bachelor of Arts degree in Business Administration from Saint John's University in Collegeville, Minn. He also has attended executive management programs at IMD in Lausanne, Switzerland; the Kellogg School of Management at Northwestern University in Evanston, Ill; and the U.S. Army War College/Columbia Business School.
He currently serves on the executive committee of The Council of Insurance Company Executives and on the Board of Trustees of The Institutes, the leading professional development and research organization for risk management and insurance.