Head of Commercial Surety
Teresa Black serves as Executive Vice President for Chubb’s North America Commercial Surety division, a position to which she was appointed in January 2016. In this role, Ms. Black provides underwriting leadership and strategic direction to the underwriting teams in the U.S. and Canada. Ms. Black also plays a critical role in developing and cultivating new client and broker relationships and in ensuring that clients and distribution partners leverage Chubb’s growing international surety capabilities. She works collaboratively with the underwriting teams outside the U.S. to execute the business plan for domestic surety clients and to ensure the attainment of growth and profitability targets for the North America Commercial Surety business. Ms. Black is based in New York City.
With nearly 20 years of insurance industry experience, Ms. Black joined Chubb Surety in 2013 as Senior Vice President and Chief Operating Officer for the U.S. business. Ms. Black previously served as Senior Vice President, Distribution Management, Vice President, National Segment Leader for New York, and Assistant Vice President, Financial Lines, where she co-created and implemented a two-year training program for professional liability underwriters that is still in place. Prior to her tenure with Chubb, she served in an underwriting management capacity for several carriers, focusing on Directors & Officers (D&O) product lines.
Ms. Black received a Bachelor of Arts degree from Binghamton University, located in Binghamton, New York, and an MBA in Finance from The Leonard N. Stern School of Business at New York University. Ms. Black is a member of the Board of Directors of the Spencer Educational Foundation and a sustaining member of the Junior League of Central Westchester County, New York.