Posted on 22 Feb 2012
The Hartford announced three senior leadership appointments to strengthen the Commercial Markets leadership team. These appointments are in alignment with the Division's goals to accelerate margin improvement and focus on profitable growth opportunities.
"In Commercial Markets, we are building on our competitive strengths of underwriting depth, product spread and distribution to be a more focused and more profitable business," said Doug Elliot, president of The Hartford's Commercial Markets Division. "These appointments align with this strategy and will help us accelerate the work already underway. We are making good progress enhancing our property capabilities and our sales structure. I am pleased that Tom, Gary and Mike are taking on these very important roles."
Tom Tucker, 56, will join The Hartford on February 27 as chief underwriting officer for Commercial Markets and head of Specialty Casualty, reporting to Elliot. In this role, Tucker will oversee underwriting across Commercial Markets and lead The Hartford's Specialty Casualty segment, which includes National Accounts, Captive & Specialty Programs and Hartford Financial Products. Tucker will focus on the continued delivery of risk solutions for the Specialty segment, as well as risk controls across the Commercial Markets organization. A 35-year property and casualty industry veteran, Tucker joins
The Hartford from Chartis, where he most recently served as chief underwriter and chief risk officer for its U.S. operations. He was responsible for enterprise risk management oversight of the company's global property, casualty, professional and financial lines, as well as global risk finance.
Gary Thompson, 57, will now lead Middle Market sales and distribution, in addition to his previous responsibilities as head of Middle Market product and underwriting. He will drive Middle Market's growth agenda with a focus on diversifying the book of business and targeted industry segments. He has held senior level positions in both underwriting and field sales throughout his more than 35 years with The Hartford, serving most recently as executive vice president of Specialty Commercial and chief underwriting officer for Commercial Markets.
Mike Concannon, 50, will now serve as head of The Hartford's Group Benefits segment, succeeding Ron Gendreau who will retire later this year after a transition period. Concannon will focus primarily on restoring core profitability and broadening the segment's core business, as well as expanding with new and emerging opportunities. Since joining The Hartford in 1995, Concannon has held senior leadership positions in product management and sales, including head of the company's Personal Lines division. Most recently, he served as executive vice president of Sales and Distribution for the property and casualty and group benefits businesses. In that role, he led the integration between those two sales organizations, which generated $125 million in joint sales for 2011.