Travelers chief operating officer retires

Brian MacLean, president and chief operating officer of property/casualty insurer The Travelers Companies is retiring after 30 years with the company, effective March 31, 2018.

“Brian has made extraordinary contributions to Travelers over a spectacular 30-year career,” said CEO Alan Schnitzer. “He has been an integral part of our leadership team for more than a decade, helping to build Travelers into the company it is today. We are deeply grateful for his leadership and dedication and wish him all the best in his next chapter.”

MacLean said: “It has been a privilege to be part of this company for three decades, working alongside the very best in the industry. I am fortunate to call so many of them my close friends, and I couldn’t be more confident in their and the company’s continued success.”

As a result of MacLean’s retirement, Travelers is realigning the reporting structure of its business leaders. Michael Klein, who leads personal insurance; Tom Kunkel, who leads bond & specialty insurance; Nick Seminara, who leads claim and special liability group; Kevin Smith, who leads international; and Greg Toczydlowski, who leads business insurance, will report to Schnitzer.

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