Appointment reinforces the insurer’s recently declared strategy to grow its international operations
CNA Financial Corporation has appointed John Hennessy as the CEO of the company’s European operations. The appointment reinforces the global insurer’s recently announced strategy to grow its international operations, starting with CNA Europe.
Mr. Hennessy joined CNA in 1982 as an underwriting trainee and assumed increasing responsibilities. He has served in multiple home office and field leadership roles, including, Milwaukee branch manager, Central Region president, SVP for Casualty Underwriting and Middle Market and, most recently, SVP of Distribution Management.
Tom Motamed, chairman and CEO of CNA, said: “We plan to expand our geographic footprint by further developing our European business. John’s strong underwriting and field experience as well as his expertise in managing distribution, advancing an enterprise cross-sell discipline and establishing a visible, local presence in the marketplace make him well suited to successfully implement our strategy in Europe. In addition, his keen relationship building skills will be valuable assets as we expand our European distribution outlets.”
CNA is a US-based commercial insurer and a property and casualty company.