CNA Expands the Leadership Team accelerating its focus on sophisticated Analytical Technologies and Business Innovation
CNA announces Michael Costonis transitions to Global Head of Marketing, Strategy, and Innovation after serving as COO for three years. With 26 years of consulting experience, he is poised to enhance CNA's market strategies. Gary Haase joins as COO, bringing two decades of expertise from Catalina Holdings, particularly in operational management and data analytics. Both appointments are aimed at leveraging advanced analytical technologies to drive transformative initiatives and enhance operational strategies.
- Michael Costonis's extensive experience will enhance marketing and innovation strategies.
- Gary Haase's operational expertise is expected to strengthen operational strategies and decision-making.
- Management transition could raise concerns about continuity in operations.
CHICAGO, Aug. 5, 2021 /PRNewswire/ -- CNA is pleased to announce that after three years as Chief Operations Officer, Michael Costonis will take on a new role as CNA's Global Head of Marketing, Strategy and Innovation. Costonis is backed by a very successful 26 year consulting career leading insurance companies to higher levels of performance and is fully equipped to help the company capitalize on the dynamics of the evolving marketplace in new and innovative ways.
"We are thrilled to have Michael take on his new role. His deep industry knowledge and proven capabilities will strengthen our market facing strategies and expand the business and growth opportunities for CNA," said Dino E. Robusto, Chairman & Chief Executive Officer. "A key to success will be Michael's focus on helping business leaders innovate and drive transformative initiatives to enhance the ease of doing business with our agents and brokers."
As a result of Costonis' transition, CNA has added Gary Haase to its executive team. Haase will join CNA as Chief Operations Officer from Catalina Holdings at the start of the 4th quarter. As the Group Chief Operating Officer at Catalina Holdings, Haase brings with him two decades of robust industry knowledge. Through his various leadership roles, he developed tremendous expertise in operational management and strategy, actuarial science, complex reinsurance commutations, and practical application of big data and analytical technology solutions for the insurance industry.
Robusto added, "We welcome Gary to CNA and are certain his industry experience and expertise in sophisticated technology solutions and data analytics, will progress our operational strategy and decision making by institutionalizing analytical technologies and big data applications across our value chain."
Haase is a Fellow of the Casualty Actuarial Society (FCAS) and occasionally teaches graduate level courses in Statistics and Data Analysis at the New York University Stern School of Business. He holds a Bachelor's Degree from the University of Iowa and a MBA in Quantitative Finance from NYU Stern.
About CNA
CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 120 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe. For more information, please visit CNA at www.cna.com.
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Media Contact
Chris Stroisch
chris.stroisch@cna.com
309-660-6001
Allyson Marcus
Allyson.marcus@kemperlesnik.com
312-755-3537
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SOURCE CNA
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