NU Online News Service, March 29, 12:34 p.m. EDT
Douglas G. Elliot, the president and CEO of Hartford Steam Boiler Group, has resigned to join The Hartford as president of commercial markets.
The 50-year-old Elliot will officially join The Hartford Financial Services Group on April 6, reporting to Liam E. McGee, chairman, president and CEO of the company.
"We are charging Doug with driving profitable growth in commercial markets and bringing the full power of our One Hartford approach to bear in the markets where we compete," says McGee in a statement.
Elliot will replace Andy Pinkes, who served as acting head of commercial markets.
"For many years I have admired The Hartford for its exceptional people, enviable agent and partner relationships, and strong market positions," says Elliot. "I am excited to be joining the team and helping to drive the execution of the company's strategy and delivering value to our stakeholders."
In a separate statement, Munich Re, the parent company of Hartford Steam Boiler, says Elliot's responsibilities of president and CEO of HSB Group and president of specialty insurance will be assumed on an interim basis by Anthony J. Kuczinski, president and CEO of Munich Reinsurance America Inc.
In a statement, Kuczinski says the company "will continue to provide the same high level of service and technical expertise their clients expect. In other words, it will be business as usual."
Elliot began his career in the public accounting field before joining Travelers in 1987 where he rose up the ranks and was eventually named CEO of general commercial and personal lines for St. Paul Travelers Companies in 2004.
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