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New York (January 16, 2014) – The Insurance Industry Charitable Foundation (IICF) has named Gary C. Petrosino, Executive Vice President and Western U.S. Territory Field Operations Officer of Chubb, Chairman of its National Board of Governors.

Petrosino assumes the chairmanship after serving on the IICF's National Board of Governors and Western Division Board.

"We are thrilled to announce Gary's appointment as Chairman of our National Board of Governors. His dedication to the insurance industry and his many charitable pursuits will help the IICF further its mission of enriching the communities in which our members live, work and serve," said Bill Ross, CEO of the IICF.

Petrosino has more than 35 years of insurance industry experience. Before taking on his current role at Chubb, he was the company's Western Zone Officer from 2004 to 2008 and the Latin American Zone Officer from 1993 to 2004. Beginning as a marine underwriting trainee in 1978, Petrosino held several other roles at the insurer before being named Vice President and Branch Manager of Chubb's Albany, NY, office in 1989.

Petrosino will succeed Bruce Basso, current IICF Chairman and Co-Founder. Basso has been named Chairman Emeritus of the IICF National Board of Governors.

"Bruce has contributed an immeasurable amount of guidance and support to the IICF over the last 20 years and we are exceedingly grateful for his vision and dedication to the organization," said Ross.