16 November 2017Insurance

CNA appoints new chief risk officer following departure

Commercial insurance provider CNA has appointed Al Miralles to replace Mark Verheyen as its new chief risk officer (CRO).

Verheyen has resigned from the company and will be leaving CNA at the end of the year. Verheyen and Miralles will work together over the next two months to ensure a smooth transition of responsibilities.

Miralles joined CNA in 2011 as senior vice president and treasurer and has been leading the long-term care business since 2014.

In addition to his new role as CRO, Miralles will retain strategic oversight of long term care. He will report to Dino Robusto, chairman and chief executive officer.

"Continuously improving our risk governance is a strategic imperative and integral to building the enduring underwriting culture so crucial to our success," Robusto commented. "Al has consistently demonstrated a high degree of financial and analytical acumen, leadership and operational excellence throughout his career, especially during his time at CNA managing Long Term Care. I have the utmost confidence in him as he undertakes this strategically important role."

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