Cincinnati Financial Corporation announced that Marc J. Schambow, CPCU, AIM, ASLI, chief claims officer for its property casualty subsidiaries, led by The Cincinnati Insurance Company, will retire in January 2027.
Schambow has served as Cincinnati’s top claims officer since 2020, capping a nearly 40-year career with the company. After serving agents and policyholders as a field claims representative in Wisconsin for nearly a decade, he moved to Ohio as a casualty claims supervisor in 1997.
Schambow became the first claims manager for The Cincinnati Specialty Underwriters Insurance Company in 2007 and transitioned to lead the field claims team in 2014.
Todd V. McMillan, J.D., will assume executive responsibility for the headquarters and field claims teams upon Schambow’s retirement. McMillan is an industry veteran with nearly 30 years of experience, most recently serving as corporate senior vice president, head of liability claims for Safety National Casualty Corporation.
McMillan started his career in private practice and then as staff counsel for GEICO before joining The Hartford in 2003 where he held a variety of claims leadership roles of increasing responsibility.
As part of this transition, executive oversight of the company’s claims operations will transition to Thomas C. Hogan, Esq., chief legal officer.
Topics Claims
Was this article valuable?
Here are more articles you may enjoy.
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
Four Patients Affected, One Paralyzed, After Drug Mix-Up at Nashville Hospital 
Glacier Collapse Behind Nepal Flood Shows Region’s Climate Risk 
Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it 
