Wednesday, August 10, 2011
CNA Financial Corporation announced that, effective August 22, Al Miralles will join as senior vice president of treasury & investment management.
In this critical role, Miralles will lead and provide overall strategic direction for investment accounting, internal and external investment reporting, asset management, and treasury. In addition, he will also serve on the investment committee which sets strategic direction and provides critical oversight for the global insurer’s investment portfolio.
Miralles brings to CNA more than two decades of experience in the insurance and financial services industry. He most recently served as chief financial officer, nationwide investments at Nationwide Mutual Insurance Company where he had financial oversight for an investment portfolio, as well as management of a team responsible for finance, operations and strategy of Nationwide’s primary fixed income portfolio. -Business Wire
Thursday, January 13, 2011
CNA Financial Corporation announced the appointment of Mark Verheyen as senior vice president and chief risk officer. He succeeds John Beckman, who has accepted the role of chief underwriting officer in commercial insurance.
In this role, Verheyen will lead company-wide risk management efforts, including determining risk tolerances as well as measuring and monitoring risk throughout CNA.
Since rejoining CNA in 2008, Verheyen has played a key role as a member of its enterprise risk management team, leading the development of its internal economic model, an important part of strategic and operational planning, capital management decision making, and day-to-day business execution. -Business Wire
Tuesday, October 19, 2010
CNA Financial Corporation announced Valynda Murphy has been appointed vice president of underwriting for its commercial technology segment.
In this role, Murphy has responsibility for collaborating with the global insurer’s other key business units to drive this segment forward and further strengthen its market presence.
Murphy brings more than 25 years of commercial underwriting and brokerage experience, and a track record of success in technology to this role. She joins CNA from Marsh USA, where she served as technology placement leader and managing director. Prior to Marsh, she held technology leadership roles at USF&G Insurance Company and St. Paul Insurance Company. -Business Wire
Friday, July 23, 2010
CNA Financial announced that effective from August 9, 2010, Robert Jirgal will join as senior vice president of business process reengineering. In this newly created position, Jirgal will work closely with CNA’s senior leadership to develop and implement business strategies designed to deliver enterprise-wide operating efficiencies, stronger business results and superior service capabilities for the global business insurer.
Most recently, he served as vice president and managing partner of financial services for Gartner Consulting where he was responsible for providing strategic consulting and program oversight services for large, complex transformational initiatives involving operational changes and technology. -Business Wire
Wednesday, July 21, 2010
CNA Financial appointed Michael Furlong as vice president of underwriting for its specialty lines group.
In this role, Furlong has responsibility for the global insurer’s lawyers professional liability program which focuses on law firms with fewer than 35 lawyers, and its bar-endorsed partnerships.
Furlong has more than 20 years of legal, claim and professional liability experience. He joins CNA from Swiss Re where he led its lawyers and accountants professional liability business. -Business Wire
Monday, March 8, 2010
Kevin West has been appointed director of business development for CNA Financial.
In this role, West will help shape and expand CNA’s market presence and sales culture. He will be located in CNA’s Woodland Hills, CA branch, and will support CNA operations from Los Angeles to San Diego.
West joined CNA in 2003 and has served in several sales capacities in the business insurance segment as well as field distribution management. Prior to joining CNA, West worked with two other national carriers and a Los Angeles wholesale brokerage firm. -Business Wire
Monday, January 25, 2010
CNA Financial appointed Kent Skidmore as vice president of its new Birmingham branch.
Skidmore will be responsible for establishing the new office; synchronizing its operations with CNA’s strategic goals for long-term success, including increasing local authority at the point of sale and improving service to agents and brokers in this territory.
Skidmore brings more than 17 years of insurance industry experience to this position, including his most-recent role as assistant vice president in CNA’s Atlanta branch, where he was responsible for field underwriting management, marketing and distribution for the Specialty Lines portfolio. Prior to joining CNA, he held underwriting, sales and field management roles with AIG and Willis North America. -Business Week
Monday, November 2, 2009
CNA Financial announced that effective November 2, David Rutkowski has been appointed senior vice president of commercial segments.
In this role, Rutkowski will be responsible for profitability, growth and strategic direction of CNA’s middle market customer segments-including construction, CustomXpressSM, general industries, technology-and product development.
Rutkowski’s 33-year insurance career is a record of successful development and execution of underwriting strategies and differentiated customer value propositions.
Rutkowski joins CNA from Zurich North America where he most recently served as senior vice president for its middle market commercial business. In that role, he was responsible for developing operating strategies through underwriting and product initiatives, rate actions and book mix change by line of business and industry class. Prior to this, he held underwriting and field leadership roles for several major insurance carriers. -Business Wire
Wednesday, October 7, 2009
CNA Financial announced that, effective October 12, 2009, Michael McGraw has been appointed vice president of its Michigan branch.
As branch vice president, McGraw is responsible for synchronizing branch operations with CNA’s strategic goals for long-term success, including increasing local authority at the point of sale and improving service to agents and brokers in this territory.
McGraw comes to CNA with nearly 30 years of insurance experience serving in positions of increasing responsibility at Allstate Insurance. He most recently served as director/senior state manager for Allstate’s Encompass business. -Business Wire
Monday, October 5, 2009
CNA Financial announced that, effective October 5, 2009, Michael Powell has been appointed vice president of its Lombard branch.
As branch vice president, Powell is responsible for synchronizing branch operations with CNA’s strategic goals for long-term success, including increasing local authority at the point of sale and improving service to agents and brokers in this territory.
He comes to CNA with more than two decades of insurance experience, including positions of increasing responsibility at Chubb Insurance Companies, Safeco and The Hartford. Powell most recently served as Hartford’s assistant regional vice president, Los Angeles. -Business Wire
Friday, September 11, 2009
CNA Financial Corporation announced that Brian Loebach has been appointed senior vice president of warranty and alternative risks.
In this newly created position, Loebach will be responsible for leadership and profitable growth of the company’s warranty business which includes CNA National Warranty Corporation and a long-standing relationship with a third party administrator of extended service plans.
Loebach joined CNA in 1979 and during his tenure has moved into positions of increasing responsibility. Most recently, he served as senior finance officer for CNA Specialty and was responsible for the financial analysis, oversight and governance of its domestic and international operations. -Business Wire
Tuesday, September 1, 2009
CNA Financial Corporation announced that, effective September 8, Tim Szerlong has been appointed president of CNA’s worldwide field operations. In this newly created position, Szerlong will be responsible for driving enterprise growth and consistent customer experiences in all of the business insurer’s locations across the world. Szerlong will lead CNA’s distribution management, six U.S. zones, and all branch locations. He will also oversee the establishment of five new branch offices, and have leadership responsibility for our operations in Canada, Europe, Argentina and Hawaii.
Szerlong joins CNA after a 35-year career at The Chubb Corporation, where he started as an underwriting trainee before taking on numerous assignments in corporate administration and human resources, including worldwide personnel planning manager. In 1983, he moved into field operations, managing Chubb’s St. Louis and Chicago branches. Subsequently, Szerlong managed Chubb’s Midwest Region and its Northern Zone, which included 13 states. Most recently, he served as senior vice president and Eastern U.S. field operations officer, with responsibility for 24 offices. -Business Wire
Monday, August 17, 2009
CNA Financial announced that John Hennessy has been appointed to the position of chief executive officer of CNA’s European operations. Hennessy joined CNA in 1982 as an underwriting trainee and assumed increasing responsibilities.-Business Wire
Friday, August 14, 2009
CNA Financial Corporation announced that John Hennessy has been appointed to the position of chief executive officer of CNA’s European operations. Hennessy joined CNA in 1982 as an underwriting trainee and assumed increasing responsibilities. -Business Wire
Friday, July 31, 2009
CNA Financial Corporation announced that Bob Lindemann has been appointed to the position of president and chief operating officer of CNA’s commercial lines operations. In this role, Lindemann will be responsible for achieving profitable growth in CNA’s commercial property and casualty business, which is now comprised of business insurance, serving smaller commercial accounts, and commercial insurance, serving middle market and risk management accounts. Lindemann will join CNA on August 4 and report to Tom Motamed, chairman and chief executive officer, CNA. Lindemann joins CNA from Zurich North America, where he most recently served as chief operating officer of commercial markets, Zurich’s business insurance unit in North America. -Business Wire
Thursday, July 16, 2009
CNA Financial Corporation announced that George Agyen has been appointed to the position of Mid-Atlantic zone officer. In this role, Agyen—who recently served as vice president of CNA’s Chicago branch (in Lombard, Illinois)—is responsible for aligning the branch structure of the global insurer’s Mid-Atlantic Zone with its strategy to drive profitable growth. Agyen will also establish and manage a new branch office in Washington, D.C. -Business Wire
Wednesday, June 17, 2009
CNA Financial Corporation announced that Greg Vezzosi has been appointed to the position of central zone officer. In this role Vezzosi, who recently served as vice president of CNA’s Minneapolis branch, is responsible for aligning the branch structure of the global insurer’s Central Zone with its strategy to drive profitable growth. Vezzosi joined CNA earlier this year after serving as executive vice president and chief operating officer for the Argonaut Group. Prior to this, he worked at Travelers Insurance Company as senior vice president in its Specialty Commercial Business and at Royal & Sun Alliance as senior vice president and chief underwriting officer. He has also earned the CPCU designation. -Business Wire
Tuesday, June 9, 2009
CNA Financial Corporation announced that Steve Stonehouse has been appointed to the position of western zone officer. In this role, Stonehouse, who recently served as president of the company’s West Coast operations, Stonehouse is responsible for aligning the branch structure of the global insurer’s Western Zone with its strategy to drive profitable growth. One of six geographic zones in CNA’s newly configured U.S. field operations, the Western Zone comprises Alaska, Arizona, California, Hawaii, Idaho, Montana, New Mexico, Oregon and Washington, as well as offices in Albuquerque, Phoenix, Portland, San Diego, San Francisco, Seattle and Woodland Hills.
The company expects to open an office in Los Angeles within a year. -Business Wire
Monday, April 6, 2009
CNA Financial announced that, effective April 20 2009, John Angerami will join CNA as senior vice president of its wholesale and excess & surplus business. Mr. Angerami will report to Peter Wilson, executive vice president of CNA’s global specialty lines, and be responsible for profitably expanding the commercial insurer’s Standard Lines business through the wholesale distribution channel. Mr. Angerami is a 31-year veteran of the Chubb Corporation where he most recently served as president of its E&S business and established a national brand and presence for its wholesale operation.-Business Wire
Thursday, November 13, 2008
CNA Financial Corporation announced on November 12, 2008 that James R. Lewis, president and chief executive officer of property and casualty operations of the company’s insurance subsidiaries, is leaving when his current term of employment expires on December 31, 2008. Upon his departure, the executives reporting to him will instead report directly to the company’s incoming Chairman and Chief Executive Officer, Thomas F. Motamed.-SEC Form 8k
Wednesday, October 29, 2008
CNA Financial Corporation announced that Stephen Lilienthal will retire as chief executive and chairman of the company on January 1, instead of mid-2009.-Chicago Tribune
Tuesday, October 28, 2008
CNA Financial Corporation reported third quarter net loss of $1.23 per share and operating income of $0.31. CNA is suspending its quarterly dividend. Thomas Motamed is named new CEO and chairman.-Midnight Trader
Tuesday, May 27, 2008
CNA Financial Corporation announced a senior leadership succession plan. Upon Stephen W. Lilienthal’s retirement, effective June 8, 2009, Thomas F. Motamed will succeed Mr. Lilienthal as chairman and chief executive officer. Mr. Lilienthal will remain in his current position until Mr. Motamed joins CNA.
Mr. Motamed will join CNA following 31 years at The Chubb Corporation. Since 2002, he has served as vice chairman and chief operating officer of The Chubb Corporation and president and chief operating officer of Chubb & Son.-Business Wire
Friday, April 11, 2008
CNA Financial announced that Larry A. Haefner has been appointed as chief actuary of its insurance subsidiaries. Also, Michael Fusco, executive vice president & chief actuary would be resigning from the position of chief actuary after a brief transition period. Mr. Fusco’s resignation will be effective on May 1, 2008. Mr. Haefner served most recently at Travelers. -SEC Form 8k
Friday, January 4, 2008
CNA Financial announced that, effective mid-January 2008, John A. Beckman will be appointed senior vice president and chief risk officer. As chief risk officer, Mr. Beckman will be responsible for determining appropriate risk tolerances as well as measuring and monitoring risk throughout CNA.
CNA’s focus on enterprise risk management has been led by executive vice president, Mike Fusco, in his dual role as chief risk officer and chief actuary. Mr. Fusco will continue as executive vice president and chief actuary.
Mr. Beckman recently served as president of ReAdvisory, an operation responsible for consulting services, including enterprise risk management, for specialty reinsurance broker, Carvill. Also joining CNA in mid-January will be Tom Stone, who will assume the role of vice president of catastrophe modeling and reporting and will report directly to Beckman. -Business Wire
Monday, November 5, 2007
CNA Financial announced that, effective January 1, 2008, Andy Hall will be appointed president and chief operating officer of CNA’s Canadian operations. Hall will succeed Chuck Lawrence who has led CNA Canada since 1997 and recently announced his upcoming retirement. Mr. Hall, who currently serves as vice president for CNA’s Denver branch, has more than 25 years of experience, including serving as vice president of the Western Region for CNA Canada. -Business Wire
