Westfield Appoints CFO Will Chen to Drive Financial Strategy
Westfield, a dominant player in the U.S. property and casualty insurance sector, has announced the appointment of Will Chen as the Chief Financial Officer for Westfield Specialty U.S. Chen, who will report directly to Jack Kuhn, President of Westfield Specialty, is tasked with shaping the financial strategy, overseeing financial planning and analysis (FP&A), and optimizing operational processes within the specialty segment across the United States.
With over three decades of experience in specialty insurance, Chen has held senior financial positions at industry leaders such as Argo, AIG, AJG, and Zurich. His most recent role was serving as CFO at Ascot. Chen's expertise in strategic finance and operational leadership is well-documented, bolstered by an MBA in finance and accounting from New York University.
Strategic Leadership for Sustainable Growth
Jack Kuhn emphasized Chen's pivotal role in aligning Westfield Specialty’s ambitions for sustainable growth and continued profitability. The new CFO is expected to leverage his strategic insight and leadership skills to fortify the company's market position.
Expressing his excitement, Chen stated his commitment to enhancing Westfield Specialty’s financial capabilities and collaborating with the leadership team. Westfield Specialty, a segment of Westfield, draws on the robust resources of its parent company and Lloyd's of London Syndicate 1200 to deliver tailored insurance solutions. The company is actively expanding its product lines to cater to a global market.
Westfield's Heritage and Market Clout
Founded in 1848, Westfield maintains a significant presence in the property and casualty insurance industry. It underwrites through a well-established network of independent agents and brokers, with the financial strength of Lloyd's Syndicate 1200 as a backbone. With revenues surpassing $4 billion and assets exceeding $11 billion, Westfield is poised for further growth in a dynamic regulatory compliance landscape.