CHICAGO--(BUSINESS WIRE)--
Today, CNA Financial Corporation (NYSE: CNA) announced two important
leadership additions to its Commercial Insurance management team. Pat
O’Connor will join the global business insurer as senior vice president
of its Mono-line Property unit, with oversight of the Equipment
Breakdown operations. John Beckman, former chief risk officer, will move
into the role of chief underwriting officer, responsible for
underwriting oversight and governance for all products and lines of
business written within Commercial.
“These organizational changes will further weave together our dedicated
business units and line of business management,” said Bob Lindemann,
president and chief operating officer, CNA Commercial Insurance. “Both
Pat and John have proven leadership skills and track records of success;
and will play key roles in our continued building of one integrated,
focused enterprise.”
O’Connor joins CNA from Liberty Mutual where he served as chief
underwriting officer for its Large Property operation, a $500 million
business unit. His career spans 30 years and includes deep underwriting
leadership experience, including roles at Liberty and Wausau in both
home office and field positions. He will be located in CNA’s home office
in Chicago.
Beckman rejoined CNA in 2008 as chief risk officer, building a highly
capable Enterprise Risk Management organization and driving significant
improvement to its disciplined business practices. He will be succeeded
by Mark Verheyen. Prior to joining CNA, Beckman served as president of
ReAdvisory, an operation responsible for consulting services, including
enterprise risk management, for specialty reinsurance broker, Carvill.
Prior to this, he served in various leadership positions at CNA Re.
Serving businesses and professionals since 1897, CNA is the country’s
seventh largest commercial insurance writer and the 13th
largest property and casualty company. CNA’s insurance products include
standard commercial lines, specialty lines, surety, marine and other
property and casualty coverages. CNA's services include risk management,
information services, underwriting, risk control and claims
administration. For more information, please visit CNA at www.cna.com.
CNA is a registered trademark of CNA Financial Corporation.
Source: CNA Financial Corporation
Contact:
CNA Financial Corporation
Katrina Parker, 312-822-5167