Chubb has hired Melanie Markwick-Day from Neon to join its upstream energy team, The Insurance Insider can reveal.
Markwick-Day has been at Neon since 2017, when she was appointed as an upstream energy underwriter, according to LinkedIn.
Prior to that she worked as an upstream energy underwriter at Ascot, having begun her insurance career at the carrier as a claims and legal assistant in 2009.
In September, this publication revealed that Chubb’s global head of upstream energy James Langdon was to leave the carrier to become head of UK energy at AIG.
It is not clear whether Markwick-Day is a replacement for Langdon.
Last summer Chubb reshuffled its energy team, naming Matthew Hardy as executive vice president of global energy, succeeding the outgoing Roger Giddings.
There has been a significant amount of personnel movement in the upstream market this year, with Steve Hawkins leaving Axa XL to join start-up Convex, and James McDonald departing Talbot to lead the upstream energy business at Sompo International.
The upstream sector is currently experiencing lacklustre rate momentum as the final arrangements are made for key 1 January renewals.
Sources told this publication earlier this month that rates were up around 2.5 percent, with an abundance of capacity in the sector coupled with a prolonged period of benign losses.
Chubb and Neon declined to comment.
