Arbella Promotes Allen Chaves to Assistant Vice President of Personal Lines Product
QUINCY, Mass., July 31, 2019 – The Arbella Insurance Group (Arbella) is pleased to announce the promotion of Allen Chaves to assistant vice president of Personal Lines Product. Reporting to Jim Hyatt, senior vice president of Personal Lines, Chaves is responsible for auto, home, dwelling fire and umbrella products and leads the team focused on rate, product and system enhancements.
“Since he joined the Personal Lines team in 2017, Allen has made a tremendous impact and has been instrumental in delivering many product enhancements that have improved Arbella’s suite of offerings,” said Hyatt. “His efforts on evolving our product set and rating approach has been critical. He is also committed to improving ease of doing business for our independent agents, and he has improved our auto and homeowners systems, giving Arbella a competitive advantage. Allen is a relationship person, focused on developing his people and advocating for Arbella’s independent agents.”
Chaves joined Arbella in 2011 as a manager of the Actuarial and Research Analytics Department where he was instrumental in implementing Arbella’s predictive models and rating plans. In 2016 Chaves was promoted to director of Data Governance and Analytics and spearheaded the organization’s data strategy project, while working with analysts across the organization to strengthen the company’s analytics capabilities. In 2017, Chaves joined the Personal Lines team as a director under the leadership of Hyatt.
Chaves has more than 16 years of experience in the insurance industry and brings extensive industry knowledge and an informed perspective to his new role. A resident of Duxbury, Chaves began his career as an underwriter at Liberty Mutual, where he held a variety of analyst and leadership roles in underwriting, pricing, product and marketing. He received a Bachelor of Science in business administration from the University of New Hampshire and earned his CPCU, API, ARC, and AIAF designations from The Institutes.
About the Arbella Insurance Group
Established in 1988, the Arbella Insurance Group (www.arbella.com) is a company with more than $800M in revenue with approximately $1.5B in assets, headquartered in Quincy, Massachusetts. Arbella is a customer-focused regional property and casualty insurance company, providing personal and business insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire. Recognized as one of the Boston Business Journal’s “Best Places to Work” for eleven consecutive years, Arbella is deeply committed to maintaining high levels of employee satisfaction and a positive workplace culture.
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