Declaring that the company has learned its lesson from the economic crisis, The Hartford's chief executive officer outlined a new strategy for growth while putting enterprise risk management front and center.
“We learned our lesson from the last two years,” Liam E. McGee, the company's chairman, president and CEO, declared during a recent investor meeting in New York broadcast live on the Web.
Mr. McGee laid out a corporate structure that will concentrate its sales efforts in three distinct areas and pay close attention to enterprise risk management. The ERM initiative will feature a multitiered management and committee structure charged with examining and evaluating the company's exposures.
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