NEW YORK, Oct. 7, 2020 /PRNewswire/ — Chubb announced today that Nandini Mani has been appointed Executive Vice President, Claims for Overseas General Insurance, the company’s international general insurance business in 51 countries and territories. Currently, Ms. Mani is Deputy General Counsel and Head of Global Litigation. In her new role, she will be responsible for all aspects of the company’s international claims organization, both retail and wholesale, that supports Chubb’s property and casualty, accident and health, and personal lines insurance businesses in Europe, Asia Pacific, Latin America, Far East, and Eurasia and Africa.

Nandini Mani, appointed by Chubb to be Executive Vice President, Claims for the company's international general insurance business
Nandini Mani, appointed by Chubb to be Executive Vice President, Claims for the company’s international general insurance business

Ms. Mani will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President of Overseas General Insurance, and Mike Smith, Senior Vice President, Chubb Group and Global Claims Officer. The appointment is effective immediately.

“Nandini brings a stellar background and a strong track record of performance to this role,” said Mr. Ortega. “Her appointment is another indicator of Chubb’s deep pool of talented leaders.”

“Our global claims organization is one of the finest in the world and we understand that claims is where we deliver on our commitments to clients. Nandini’s legal experience and knowledge of Chubb will be a valuable addition as she takes on this important role,” said Mr. Smith. “I look forward to working with Nandini.”

Ms. Mani joined Chubb in 2015, leading all global investigations and litigation. Previously, she served as Managing Counsel at BNY Mellon. Before that, Ms. Mani was an attorney with Debevoise & Plimpton.

Nandini is licensed to practice law in New York State. She also is admitted to practice in the Southern District of New York, the Eastern District

Atlas Crest Investment Corp., a blank check company formed by Moelis & Company, filed on Friday with the SEC to raise up to $500 million in an initial public offering.

The New York, NY-based company plans to raise $500 million by offering 50 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. At the proposed deal size, Atlas Crest Investment Corp. would command a market value of $625 million.

The company is led by Chairman Ken Moelis, founder and Managing Director of Moelis & Company, and CEO Michael Spellacy, a former Senior Managing Director at Accenture and Global Industry Leader of Accenture Capital Markets. While the company selected a target industry, it plans to leverage its management team’s experience and target businesses that will benefit from its strategic and operational value add.

Atlas Crest Investment Corp. was founded in 2020 and plans to list on the NYSE but has not selected a symbol yet (RC ticker: ACIC.RC). The SPAC filed confidentially on September 16, 2020. Cantor Fitzgerald is sole bookrunner on the deal.

The article Moelis & Company’s SPAC Atlas Crest Investment Corp. files for a $500 million IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital’s research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital’s Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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