CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYSE: CNA) announced that, effective June 13, Roger Nulton will join as senior vice president of Producer and Product Development. In this newly created position, Nulton will provide overall leadership in the development and execution of strategies that drive Field sales performance, and have responsibility for product development across all lines of business.

Under Nulton’s leadership, the global business insurer will combine its Production and Sales team with its Product Development leaders. This structural change directly supports CNA’s core strategy of developing industry verticals – market-leading positions in its chosen industry groups. This bridge between product development and distribution is expected to further position CNA to be more responsive to its producers and customers.

“Roger’s strategic and operational experience will be a key asset in our continued focus on developing a sales culture and optimizing producer performance,” said Tim Szerlong, president of Worldwide Field Operations, CNA. “For the first time, we will have an enterprise level product development capability with a straight-line connection to our production sources.”

Nulton joins CNA with nearly 30 years of insurance industry experience, including leadership of major business units and field operations. He recently served as president of Agribusiness, a $1.6 billion unit of Fireman’s Fund Insurance. In addition, Nulton led the worldwide relationship between Aon and Allianz, the parent company of Fireman’s Fund. Previously, he served as president of Fireman’s Fund’s $1.8 billionCommercial Insurance business.

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurance writer and the 13^th 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.

This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and generally include words such as “believes”, “expects”, “intends”, “anticipates”, “estimates”, and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA’s filings with the U.S. Securities and Exchange Commission, available at www.cna.com. Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA’s expectations or any related events, conditions or circumstances change.

Source: CNA

CNA

Media Contact:

Katrina Parker, 312/822-5167