The Hartford announced Tuesday that it has realigned senior leadership positions to further advance its business strategy and deliver value for shareholders.
CEO Christopher J. Swift said the new leadership structure will help the company in its “strategy to profitably grow the property/casualty, group benefits and mutual funds businesses; reduce the size and risk of Talcott Resolution; and become a more efficient and effective organization.”
Doug Elliot, who became president of The Hartford July 1, will expand his responsibilities to include oversight of consumer markets, making him accountable for all of the company’s P/C business, in addition to group benefits and claims.
Bill Bloom will rejoin The Hartford as executive vice president of operations and technology, assuming day-to-day responsibility of the information technology and operations organizations as well as the company’s technology strategy. Bloom was previously president of global client services at EXL and has held leadership roles at Accenture and Travelers, as well as with The Hartford’s group benefits business.
Brion Johnson, chief investment officer and president of Hartford Investment Management Co., will also oversee Talcott Resolution, the company’s runoff annuity operations, with a focus on reducing the size and risk of the company’s legacy annuity liabilities.
Ray Sprague, named executive vice president of strategy and business development, is charged with identifying new product and distribution opportunities and other growth initiatives. Sprague will also serve as acting leader for consumer markets.
Stephanie Bush will assume leadership of small commercial, where she is currently chief product and underwriting officer.
Source: The Hartford