CNA Restructures Hardy’s Lloyd’s Property Unit with New Appointments

November 7, 2014

CNA Financial Corporation announced a number of changes to the Property team of London-based Hardy (Underwriting Agencies) Limited, an independent wholly-owned indirect subsidiaries of CNA.

The Property Business Unit will be led by Hardy’s Lloyd Tunnicliffe, formerly head of Property Treaty. The Property Business Unit comprises Property Treaty, Direct & Facultative (D&F) Property, Direct Property (International and U.S. Binders) and Engineering (Construction and Power Generation).

Ian Smith will join the team in early 2015 from ACE Europe as underwriter for Construction and Engineering. He will focus on EAR/CAR, reporting to Steve Cross, Head of Engineering.

Matthew Bond and Miles Osorio have recently joined Hardy from Mitsui and Montpelier to lead Power Generation and Direct & Facultative Property, respectively.

David Brosnan, chief executive of Hardy and CNA Europe, commented: “Hardy is well positioned to provide service across multiple market sectors – Property Treaty, Direct & Facultative (D&F) Property, Direct Property, and Engineering (Construction and Power Generation) —whilst at the same time leveraging our global platform. These appointments further reinforce our commitment to building depth and breadth of expertise from a property perspective, that will help us better serve our customers in the future.”

Source: CNA Financial Corporation

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