CHICAGO, December 19, 2014 — CNA
Financial Corporation (NYSE: CNA) today announced the retirement of Robert
Lindemann, president and chief operating officer of CNA Commercial—a $3.5
billion commercial property and casualty business—effective December 31,
2014.
With an
insurance career that spans more than three decades, Bob has used his expertise
to help strengthen CNA’s top and bottom lines. He played a critical role in
establishing the company’s core segments in Construction, Financial
Institutions, Healthcare, Manufacturing, Professional Services, Small Business
and Technology. He also helped strengthen product offerings, most recently
exemplified with the launch of CNA Paramount, the company’s comprehensive
package for mid-sized businesses.
“Bob is
among the most respected underwriters and leaders in the commercial insurance
industry. He played a critical role in launching our customer segment strategy,
and I want to thank him for the tremendous contributions he has made to the
company and the industry,” said Thomas F. Motamed, chairman and chief executive
officer.
Pending the
appointment of a successor, Dave Rutkowski, senior vice president, Commercial
Underwriting, will assume certain of Bob’s responsibilities, including
day-to-day operational duties, reporting to Tom Motamed.
Dave joined
CNA in 2009. “He has proven himself in both Headquarters and Field positions,
with a long track record of developing and executing underwriting strategies
and differentiated customer value propositions,” Motamed added.
Prior to joining CNA, Dave was with Zurich North America, where
he served as Senior Vice President for its Middle Market Commercial business.
In this role, Dave was responsible for developing the operating strategies that
returned the division to profitability through underwriting and product
initiatives, rate actions, and book mix change by line of business and industry
class. Prior to Zurich, Dave held underwriting and Field leadership roles for
several major insurance carriers, where he led and motivated teams in achieving
challenging objectives.
Serving
businesses and professionals since 1897, CNA is the country’s eighth largest
commercial insurance writer and the 13th largest property
and casualty company. CNA’s insurance products include standard
commercial lines, specialty lines, surety, marine and other property and
casualty coverages. CNA's services include risk management, information
services, underwriting, risk control and claims administration. For
more information, please visit CNA at www.cna.com"CNA" is a service mark
registered by CNA Financial Corporation with the United States Patent and
Trademark Office. Certain CNA Financial Corporation subsidiaries use the
"CNA" service mark in connection with insurance underwriting and
claims activities.