#United States #Chubb #Healthy Paws #Alex Faynberg #Whitehouse Station, NJ

Westchester Division of Chubb Announces Leadership Change

In a significant move for the pet insurance sector, Westchester, part of Chubb's Excess and Surplus Lines Division, has announced the appointment of Alex Faynberg as the new Executive Vice President and Head of Healthy Paws, effective March 3, 2025. Faynberg, who is currently serving as the Division President of Chubb Workplace Benefits (CWB), will bring a wealth of experience in the insurance industry to his new role, which positions him at the forefront of one of the leading names in pet insurance in the United States.

The Role Ahead

As the head of Healthy Paws, Faynberg is tasked with expanding the company's market presence and reinforcing its status as a leader in the pet insurance domain. This comes at a crucial time as the demand for pet insurance continues to grow, prompting Healthy Paws to bolster its operational priorities, including underwriting processes and service integrations.

David Lupica, Vice President of the Chubb Group and President of Westchester, expressed confidence in Faynberg’s capabilities, stating, "Alex's extensive experience in both benefits and insurance will enhance Healthy Paws' mission to help pet owners care for their pets' health. His track record and strategic vision make him the ideal candidate for this role."

Background of Alex Faynberg

Faynberg brings over two decades of experience in the insurance landscape, having served in numerous pivotal roles within Chubb. Since assuming his position as Division President of CWB in 2022, he has championed the company's growth in the worksite benefits market, successfully establishing CWB as one of the fastest-growing major voluntary benefits carriers in the field. Prior to this, he was the Senior Vice President and Chief Actuary for Combined Insurance where he led product innovation and business expansion.

About Healthy Paws

Healthy Paws stands out as a top-tier pet insurance provider in the United States, known widely for its commitment to the health and wellness of pets. Following its acquisition by Chubb in 2024, Healthy Paws has continued to develop its offerings, currently serving more than 520,000 pets across the country. The company prides itself on leveraging a proprietary digital platform to manage program and claims administration effectively.

Healthy Paws has carved a niche in the pet insurance arena since its inception in 2009, becoming a trailblazer by prioritizing the welfare of animals and aiming consistently to enhance customer service experiences. Faynberg's leadership is expected to usher in a new phase of innovation and customer engagement for Healthy Paws.

Chubb's Influence

Chubb itself is recognized globally as a leading insurance provider, offering a diverse array of insurance products, including commercial and personal property and casualty insurance, as well as health and life insurance. The company's extensive reach, operating in 54 countries, speaks volumes about its capabilities and dedication to providing comprehensive coverage to a varied clientele. Chubb Limited, the parent company, is publicly traded on the New York Stock Exchange under the symbol CB and is included in the S&P 500 index, employing approximately 43,000 individuals worldwide.

With Faynberg at the helm of Healthy Paws, the path forward looks promising as the company continues to navigate the evolving landscape of pet insurance, aiming to uphold its reputation and expand its contributions to pet health care across the nation.