Chubb Executive Now Heads Insurtech Standards Group

J. Spero Zacharias has taken over from Sal Branca as the head of ACORD, a major insurance technology standards group.

Zacharias, a senior vice president at Chubb, is now the chairman of ACORD’s board, and Tony Mattiolio is the vice chair.

Branca, a senior vice president at American International Group Inc., gave up his seat on the ACORD board to focus on his work at AIG, ACORD said.

(Related: ACORD Sets Benefits Enrollment Standard)

ACORD is a nonprofit group based in Pearl River, New York. It sets international standards for the forms and electronic systems that insurers, insurance distributors and other insurance system players use to exchange information.