Insurance holding CNO Financial Group has appointed Daniel Maurer as chairman of the board at the company's annual shareholders’ meeting.
Maurer replaces Neal Schneider who has held the role since 2011. Schneider is retiring as chairman but will remain a board member, the company said.
Maurer joined the CNO Financial board in May 2015 and has served as a member of the human resources and compensation committee, and the governance and nominating committee. Prior to joining the CNO board, he served in leadership roles at Intuit, Procter & Gamble and Campbell Soup Company.
"I am honoured to serve as chairman of the CNO board of directors," said Maurer. "On behalf of the CNO board, I thank Neal for his dedicated leadership, and I look forward to working with him as CNO continues to provide insurance and financial solutions to middle-income working Americans and retirees."
2 August 2018 CNO Financial Group’s wholly-owned subsidiary, Bankers Life and Casualty Company has entered into an agreement with Wilton Reassurance Company (Wilton Re) to cede all of its legacy (prior to 2003) comprehensive and nursing home long-term care policies (with statutory reserves of approximately $2.7 billion) through 100 percent indemnity coinsurance.
2 August 2018 CNO Financial Group’s wholly-owned subsidiary, Bankers Life and Casualty Company has entered into an agreement with Wilton Reassurance Company (Wilton Re) to cede all of its legacy (prior to 2003) comprehensive and nursing home long-term care policies (with statutory reserves of approximately $2.7 billion) through 100 percent indemnity coinsurance.