Chubb has named Sean Ringsted EVP and chief digital officer for Chubb Group, a newly created position.

In his new position, Ringsted is tasked with "transforming the company into a digitally integrated organization," Chubb says. He reports to CEO Evan Greenberg.

"Chubb's vision of digital integration encompasses all underwriting, claims, sales and service functions that touch prospective customers, our policyholders, distribution, all internal operations, as well as deepening our insights and transforming the nature of the product we sell and service – in a word, converting the company to a digital enterprise," Greenberg says. "A deep thinker and manager, Sean has the vision, experience and depth of industry knowledge to lead this strategically important mission for our company."

Ringsted is also the company's chief risk officer, a position he held at ACE Group before that company acquired Chubb last year, and will retain. However, his duties as chief actuary will be taken over by Paul O'Connell, who had been the chief actuary for global P&C and North America insurance.