Chubb names new CEO

Paula ter Brake has been appointed chief executive of Chubb Life Insurance New Zealand.

The appointment follows Gail Costa’s retirement, after a long and distinguished career in the insurance industry and with the company.

With 30 years of experience in the retail banking and insurance industries, ter Brake joins Chubb with a strong background in leadership and transformation, and a proven track record in the digital and consumer field.

Chairman Paul Brock said, “Paula’s proven track record in driving growth along with transforming large businesses will bring real value to our customers, partners and our people. She is recognised for her dynamic leadership style and success in driving strategic initiatives and will play a key role as we continue the growth and success of our business.