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CNA Appoints New Vice President Of Corporate Development


CHICAGO, June 17, 2013 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced the appointment of Derek Smith as vice president of Corporate Development effective June 12. In this role, Derek will be overseeing Investor Relations, Rating Agency Management, Capital Management, and Mergers and Acquisitions.

"We are pleased to have Derek join CNA in this new role," said James Anderson, senior vice president of Financial Planning & Analysis and Corporate Development. "His proven success as a financial advisor coupled with his experience in the insurance sector makes him a great addition to our team."

Derek Smith comes to CNA from Macquarie Capital Inc., where he served as vice president in the Investment Banking Division advising clients in the property and casualty, life and health, insurance brokerage and insurance services sectors. Prior to Macquarie, he worked for General Electric Company as an associate in its Corporate Audit Staff and analyst in its Financial Management Program.

Derek Smith can be reached at (312) 822-6612, or via email at

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 "CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.

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Jennifer Martinez, 312-822-5167
Sarah Pang, 312-822-6394

SOURCE CNA Financial Corporation

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