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6 August 2021Insurance

CNA hires new chief operations officer from Catalina

US commercial property and casualty insurer  CNA has hired a new chief operations officer (COO) from  Catalina Holdings to accelerate its focus on sophisticated analytical technologies and business innovation.

Gary Haase (pictured) will join the company's executive team as COO in the beginning of the fourth quarter.

Haase is the group COO of Catalina Holdings. He has over two decades of industry experience, including expertise in operational management and strategy, actuarial science, complex reinsurance commutations, and practical application of big data and analytical technology solutions for the insurance industry.

Haase replaces Michael Costonis, who will take on a new role as CNA's global head of marketing, strategy and innovation.

CNA said Costonis' new role is designed to help the company capitalise on the dynamics of the evolving marketplace in new and innovative ways.

"We are thrilled to have Michael take on his new role. His deep industry knowledge and proven capabilities will strengthen our market facing strategies and expand the business and growth opportunities for CNA," said Dino Robusto, chairman and chief executive officer of CNA. "A key to success will be Michael's focus on helping business leaders innovate and drive transformative initiatives to enhance the ease of doing business with our agents and brokers."

Robusto added: "We welcome Gary to CNA and are certain his industry experience and expertise in sophisticated technology solutions and data analytics, will progress our operational strategy and decision making by institutionalising analytical technologies and big data applications across our value chain."

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