LONDON, Nov. 6, 2014 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) has made a number of changes to the Property team of London-based Hardy (Underwriting Agencies) Limited (Hardy).
The Property Business Unit will be led by Hardy's Lloyd Tunnicliffe, formerly head of Property Treaty. The Property Business Unit comprises Property Treaty, Direct & Facultative (D&F) Property, Direct Property (International and U.S. Binders) and Engineering (Construction and Power Generation).
Ian Smith will join the team in early 2015 from ACE Europe as underwriter for Construction and Engineering. Ian will focus on EAR/CAR, reporting to Steve Cross, Head of Engineering,
Matthew Bond and Miles Osorio have recently joined Hardy from Mitsui and Montpelier to lead Power Generation and Direct & Facultative Property, respectively.
Commenting on the appointments, David Brosnan, chief executive of Hardy and CNA Europe, said:
"Hardy is well positioned to provide service across multiple market sectors - Property Treaty, Direct & Facultative (D&F) Property, Direct Property, and Engineering (Construction and Power Generation) —whilst at the same time leveraging our global platform. These appointments further reinforce our commitment to building depth and breadth of expertise from a property perspective, that will help us better serve our customers in the future."
Hardy and CNA Europe are independent wholly-owned indirect subsidiaries of CNA with independent boards.
Serving businesses and professionals since 1897, CNA is the eighth largest commercial insurance writer and the 13th largest property and casualty company in the United States. CNA's global 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.
Georgina Peters-Venzano, 02076454968 / 07739 448 121
Jennifer Martinez, +1 312-822-5167
Sarah Pang, +1 312-822-6394
SOURCE CNA Financial Corporation