Large US P&C insurer looking for new CFO immediately

A large US commercial property and casualty insurer is searching for a new chief financial officer (CFO) following resignation after more than a decade.

Al Miralles (pictured), executive vice president and CFO, has resigned from CNA.

Miralles notified CNA that he will be leaving the insurance industry and transitioning to a career in the technology sector.

CNA has tapped Larry Haefner, its former chief actuary, to serve as interim CFO as the organisation executes its search for a new CFO.

Throughout his 13 year career at CNA, Haefner was closely aligned with the Finance team. CNA hopes his cross functional understanding of the company paired with his expertise in the P&C insurance business will ensure a smooth transition for the company.

Miralles will leave the company in September and will use this time with Haefner to transition responsibilities. CNA has commenced searching for an experienced executive to take on the role of CFO immediately.

"Al Miralles has been with CNA for more than 10 years and will be missed. We wish him well in his new endeavour," said Dino Robusto, chairman and chief executive officer at CNA.

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