The Hartford appointed a new chief operating officer for its property/casualty business. QBE is getting a new group chief financial officer. XL Catlin promoted someone to be chief underwriting officer for Global Marine.
The Hartford named David Firstenberg as chief underwriting officer for its property/casualty businesses.
He will report to The Hartford President Doug Elliot. Firstenberg replaces Mo Tooker, who was recently named head of The Hartford’s Middle Market segment.
Firstenberg will oversee the common underwriting framework across The Hartford’s Small Commercial, Middle Market, Specialty Commercial and Personal Lines segments and partner with the businesses to enable them to profitably grow through improved underwriting, product and risk management. As well, he will lead development of the company’s underwriting approach for new markets and emerging risk in addition to the risk engineering function of the company.
Previously, Firstenberg was president and CEO of Canal Insurance Company, a specialty insurer. Before that, he held divisional management and senior leadership roles at other national and regional insurers, including Hanover.
QBE Insurance Group appointed Michael Ford as group chief financial officer.
Ford takes on his new QBE job in September 2017 and will be based in Sydney, where QBE’s main office is located. When he takes on his new role, current group chief financial officer Pat Regan will relinquish his responsibilities and board position to focus on his permanent role as CEO, Australian and New Zealand operations.
Ford is currently deputy chief financial officer for the Commonwealth Bank of Australia. He joined the bank in 2005 and held a number of senior finance roles before becoming deputy CFO in 2011.
Before that, Ford held senior roles at MLC, National Australia Bank’s wealth management division, and Lendlease Group.
Rob McAdams is XL Catlin’s new chief underwriting officer for Global Marine. McAdams was previously UK/Ireland Marine leader at the insurer and reinsurer.
McAdams is a 20-year insurance industry veteran. Before joining XL (prior to its merger with Catlin), he held various leadership positions at Reliance National in New York. He’s also an associate of the Chartered Insurance Institute and a Chartered Property & Casualty Underwriter.
McAdams joined XL Catlin in 2000 and has developed his experience in areas including Hull, Ports & Terminals, and Global Marine & Upstream Energy Liabilities during that time, Doug Howat, XL Catlin’s chief executive for global lines, said in prepared remarks.
Sources: The Hartford, XL Catlin, QBE