Property/casualty insurer St. Paul Travelers announced Kathleen L. Preston will join the company as executive vice president of field marketing. In this newly created position leading St. Paul Travelers’ 13 regional executives and 29 district executives, Preston will report to president and CEO Jay Fishman and be based in the company’s Hartford, Conn., office.
Preston currently serves as president of the retail annuities division at Travelers Life & Annuity, which was purchased by MetLife in a transaction expected to close sometime this summer, according to a St. Paul Travelers spokeswoman. Preston oversees product development, risk management, distribution, marketing, asset retention and training. She also serves as executive vice president of Travelers Life & Annuity, with responsibility for communications and community relations.
While Preston has served most of her professional career in leadership positions within Travelers Life & Annuity, she also served as senior vice president of insurance sales and operations for Fleet Financial Group from 1995 to 1998.
Preston will join St. Paul Travelers following the completion of her current responsibilities at Travelers Life & Annuity, which will end once the sale transaction to MetLife goes through.