CNA Financial Corporation Executive Vice President and Global Head of Underwriting Doug Worman (pictured) will assume the roles of President and CEO early next year.

The appointment will see current Chairman and CEO Dino E. Robusto move to the role of Executive Chairman. In his new role beginning in 2025, Robusto will lead CNA’s Board of Directors while serving as a strategic advisor to Worman, supporting the company’s goals.

Expressing confidence in Worman’s abilities, Robusto said: “Doug is an exceptional underwriting executive who has strengthened and enhanced the underwriting culture and profitability at CNA.

“Along with the Board of Directors, I am confident in Doug’s ability to lead CNA forward. He builds excellent regulatory talent, skillfully builds brokerage relationships, and drives innovation to deliver industry-leading products and services to business clients.”

Reflecting on his upcoming duties, Worman commented, “I am honored to take on the role of CEO, building on Dino’s success in improving CNA’s strategic underwriting direction. My goal is to continue to elevate CNA as a preeminent property and casualty insurer.

Since joining CNA in March 2017 as Executive Vice President and Chief Underwriting Officer, Worman has played a critical role in the development of CNA’s product organizations and business units. He chaired the firm’s global underwriting committee, leading to his current position as global head of underwriting in 2022. CNA’s operations span the US, Canada and Europe.

Prior to joining the insurance group, Worman held several key positions, including CEO of Endurance US Insurance, Executive Vice President of Alterra Capital Holdings, and CEO of Alterra US Insurance. He began his career at AIG, where he advanced through various underwriting and management positions, eventually becoming President and CEO of AIG Excess Casualty Group.

Meanwhile, James S. Tisch, CNA Board Member and CEO of the company’s largest shareholder (Loews Corporation): “We are extremely grateful to Dino who has worked tirelessly over the past eight years to lead the company to record levels of profitability and top quartile underwriting performance. We are pleased that he will continue to advise CNA As CEO.

“As we look to the future, we know Doug is a dynamic and proven leader with a clear vision for the company.”

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