FEATURES
SPECIAL REPORT JOE HUTELMYER Chief underwriting officer AMWINS TRANSPORTATION UNDERWRITERS
Fun fact: Hutelmyer was married at an AAMGA convention in Hawaii and renewed his vows when the convention returned to the state 20 years later.
PAUL KRUMP Executive vice president and president of North America insurance CHUBB
After the 2016 completion of the largest deal in the insurance industry, which merged ACE and Chubb to form the biggest publicly traded property & casualty insurer, Paul Krump immediately hit the ground running, becoming the executive vice president of the new Chubb Group and president of its North America commercial and personal lines. The first day after closing, Krump and the rest of the team at Chubb launched the cross-selling and upselling of the company’s combined portfolio of products and promoted its expanded set of market segment expertise. Krump continues to hold executive operating responsibility for Chubb’s retail commercial P&C businesses, catering to the middle market and small commercial customer segments in North America. Krump has been with Chubb since 1982, when he started as a commercial underwriting trainee. Since then, he has held many positions within Chubb across its operations in Europe and the US, including serving as COO before the acquisition. In addition to his plethora of responsibilities at Chubb, Krump serves on the executive committee of the Council of Insurance Company Executives and on the board of trustees of the Institutes, a professional development and research organization for risk management and insurance.
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A Philadelphia native, Joe Hutelmyer began his insurance career as a casualty underwriting trainee for The Hartford Insurance Company upon graduating from Drexel University. After working as a senior casualty underwriter at The Hartford and product manager for the Insurance Company of North America, Hutelmyer moved to North Carolina in 1981 to become the senior vice president of Seaboard Underwriters. Hutelmyer went to Travelers Specialty Insurance in 1996 to oversee the development of Travelers’ specialty transportation division before returning to Seaboard Underwriters later that year. Seven years later, AmWINS Group acquired Seaboard, and the firm was later rebranded as AmWINS Transportation Underwriters, with Hutelmyer as the company’s president and chief operating officer. In January 2017, Hutelmyer was named chief underwriting officer for AmWINS Transportation Underwriters, where his responsibilities include underwriting oversight, company relations and product development. Hutelmyer shares his extensive industry knowledge with the leaders of tomorrow as a guest lecturer in the risk management and insurance program at Appalachian State University. In addition, he is actively involved in insurance industry associations, having served as president of AAMGA, as well as chancellor of AAMGA University. He also currently serves on multiple advisory boards. Reflecting on his four decades in the insurance business, Hutelmyer says: “The industry has provided me and my family with many opportunities, and I’ve been blessed to enjoy this occupation for the past 41 years. Not only are two of my sons in the business, but I’ve had the privilege of traveling the world, learning how other markets work and making lifelong friends through my career in insurance.”
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