CNA unites more Chubb veterans as Ellis, Feldman join insurer

CNA Financial Corp., majority-owned by the Tisch family’s Loews Corp., hired Kathleen Ellis and Drew Feldman to be senior vice presidents as the property-casualty insurer picks up more veterans of Chubb Corp.

Ellis and Feldman will be based in Chicago and report to Julie Stephenson, who is in charge of commercial underwriting, CNA said Monday in a statement. Chubb’s Dino Robusto was hired by CNA last year to take over when Chairman and Chief Executive Officer Thomas Motamed retires in December. CNA has also named Chubb’s Joel Townsend as a senior vice president. Chubb was acquired this year by Ace Ltd., which took the name Chubb Ltd.

“We are excited that Kathleen Ellis and Drew Feldman have joined,” Kevin Leidwinger, president of CNA Commercial, said in the statement. The hires are “very well suited to further strengthen our commercial-insurance organization.”

Ellis will run CNA’s international commercial operations while Feldman will lead the marine and equipment-breakdown division, the insurer said.
Source: Bloomberg