Chubb Names Paul Krump Chief Operating Officer

The Chubb Corp. board of directors has elected a 33-year company veteran to its chief operating officer position. Paul J. Krump will hold the position until the previously announced merger of Chubb with Ace Limited is completed, which is expected to take place in the first quarter of 2016, the company said in a news release. In his role as chief operating officer, Krump will be responsible for Chubb’s commercial, specialty, accident and health insurance lines; claims; global field operations; information technology; human resources; communications; and external affairs. He will contin...