26 April 2017Insurance

CNA appoints new CEO for Canadian operations

US-based commercial insurance provider CNA Financial Corporation has appointed Nick Creatura to the position of president and chief executive officer (CEO) for its Canadian operations. His appointment is effective from May 15.

Creatura succeeds John Hennessy, who recently moved to CNA's headquarters in Chicago to lead the company's worldwide sales and distribution team.

In his new role, Creatura will report to CNA Hardy chief executive David Brosnan, and be responsible for executing profitable growth strategies for the global insurer's Canadian operations. In addition, he will work closely with the international team to further advance CNA's market position, the company said.

Creatura most recently served as executive vice president and chief financial officer of Royal & Sun Alliance, Canada. Previously, he held senior roles at Liberty, Chubb and PWC in Canada and the US.

"The Canadian market is important to CNA and Nick is well known in the global marketplace for his leadership and industry knowledge," Brosnan said. "Nick is a proven leader who has a successful track record of expanding international capabilities. He joins our organization at an exciting time in our international growth.

"His network of contacts and vast experience will allow us to continue to build stronger and deeper relationships with our producers as we build out our core proposition and brand awareness in our chosen markets. Furthermore, his appointment demonstrates our ability to attract the very best market talent."

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2 May 2017   Chicago-based commercial and property/casualty (P/C) insurer CNA Financial Corporation boosted results in the first quarter of 2017 pushed by the P/C unit and driven by investment returns and lower underwriting expenses.
10 May 2017   US-based CNA, a commercial insurance provider, has appointed Kevin Smith as president and chief operating officer (COO) for CNA Specialty.
5 June 2017   US-based commercial insurance provider CNA has appointed Scott Weber to the position of executive vice president and general counsel.

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