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Travelers Appoints New CEO, President

Greg Toczydlowski replaces Joseph Lacher, Jr., who served as executive vice president – Personal Insurance and Select Accounts

The Travelers Companies (Travelers) has named Doreen Spadorcia as the chief executive officer of Personal Insurance. The company has promoted Greg Toczydlowski, senior vice president of Personal Insurance, to executive vice president, president of Personal Insurance. In this role, he will report to Ms. Spadorcia.

Most recently, Ms. Spadorcia served as executive vice president, chief executive officer of Claim Services. Prior to this, she served as president and CEO of Travelers’ Bond business from 2002 to 2005.

Greg Toczydlowski replaces Joseph Lacher, Jr., who served as executive vice president, Personal Insurance and Select Accounts. Marc Schmittlein, senior vice president, president of Select Accounts, will retain responsibility for company’s Select business. He will report to John Albano, executive vice president of Business Insurance.

Brian MacLean, president and chief operating officer, said: “As head of our claims function since 2005, Doreen has successfully implemented initiatives that dramatically reduced settlement times – establishing important competitive advantages for our insurance operations – and created the Travelers Claim University to assure that we have the most knowledgeable and well-trained claim staff in the business.