Filed Under:Agent Broker, E&S/Specialty Business

CNA Specialty Hires Former Everest National CEO to Lead Unit

Peter Wilson, president and COO of CNA Specialty, is retiring at the end of the year.

CNA Financial Corp. CEO Thomas F. Motamed says the company has determined “that the leadership of CNA Specialty is a Chicago-based position.”

Wilson, who joined CNA Specialty in 1992, “has deep roots in the East,” continues Motamed in a statement. Therefore, Wilson “decided to retire and pursue other East Coast-based opportunities.”

Taking over for Wilson is Mark Herman, who most recently served as CEO of Everest National Insurance Co., a part of the Everest Re Group. He starts in Chicago on Jan. 1.

CNA Specialty’s new leader has also held leadership roles with Chubb & Son, Ace, and Ariel Holdings, according to CNA.

Wilson is credited with leading “some of CNA’s most successful businesses,” says Motamed.

CNA’s Specialty Lines provides professional and management liability, financial and other specialized property and casualty insurance products and services, with positions in insurance and risk management solutions for aging services, nurses, dentists, architects & engineers, lawyers, accountants and real estate agents. Wilson was also responsible for CNA’s surety business, as well as its warranty and service-contract business.

“Throughout [Wilson’s] career, he brought to CNA a sharp focus on the customer, distinctive products and services, and strong producer relationships,” says Motamed. “This legacy will continue to serve us well.”

Featured Video

Most Recent Videos

Video Library ››

Top Story

6 homeowners’ policy endorsements agents and brokers need to know

It's the insurance agent or broker's job to explain a policy to the buyer, including the available endorsements, and they need to know which endorsement best fits the client’s situation.

Top Story

Top large commercial brokers and insurers based on customer satisfaction

The key variables driving overall commercial insurance customer satisfaction are broker expertise and insurer profitablity, according to the J.D. Power 2016 Large Commercial Insurance Study.

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.