|By PR Newswire||
|August 12, 2014 04:01 AM EDT||
LONDON, Aug. 12, 2014 /PRNewswire/ -- Thomas F. Motamed, chairman and chief executive of CNA Financial Corporation (NYSE: CNA), has been appointed chairman of the CNA Insurance Company Limited (CNA Europe) Board of Directors, effective 18 August 2014. This appointment follows approval by the Prudential Regulation Authority (PRA). Tom Motamed also serves as chairman of the Hardy Board of Directors.
The appointment coincides with the recent appointment of David Brosnan as chief executive of CNA Europe, also effective on 18 August 2014. Dave will also continue to serve as the chief executive of Hardy, and report to Tom Motamed in his role as chief executive of CNA.
As recently announced, following a transition John Hennessy, who has led CNA Europe since 2009, will become president and chief operating officer (COO) of CNA Canada, in mid-September. John will report to Dave Brosnan.
"These changes are part of a broad strategy to serve the unique and expanding needs of multinational customers," Motamed said. "Together, we will work to strengthen our international capabilities and further enhance our position as a global leader."
Serving businesses and professionals since 1897, CNA is the country's eighth 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 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.
Jennifer Martinez, 312-822-5167
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