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."

Don't miss the latest industry news - Sign up to our free email newsletters

Profitability of global reinsurers could drop to six-year low

Barbican unveils US E&S property MGA with Ariel Specialty hires

China deregulation will see increased interest from foreign investors

Atradius targets global expansion with new European operations

Pen Underwriting strikes new capacity deal with QBE

Compre acquires run-off portfolio from Allianz

Storm Xavier insured losses estimated at €291m: PERILS

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
9 January 2018   US-bases commercial insurer CNA has appointed Carrie Goesel as vice president, financial institutions underwriting.
Insurance
26 September 2017   US-based commercial insurance provider CNA has appointed Greg Dasher to vice president, underwriting, for small business.
Insurance
28 June 2017   US-based commercial insurance provider CNA has appointed Gregg Fergot as vice president, underwriting, leading the company's technology segment and implementing its strategic and operational objectives.