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London-based subsidiary serves management and professional liability needs of multi-national corporations and financial institutions
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford Financial Services Group, Inc., today announced the appointment of Christopher Magee as managing director of the company’s Hartford Financial Products International, Ltd. (HFPI) subsidiary, which underwrites corporate management liability insurance for multi-national commercial entities and financial institutions. Magee is based in London and will report to Michael Dandini, senior vice president of Hartford Financial Products (HFP). He succeeds Stephen Minihan, who is retiring from The Hartford after nearly 20 years of service.
Magee, who joined The Hartford in 2003 and has served as chief underwriting officer for HFPI since the London office opened in 2007, will oversee all underwriting, administrative, finance, legal and regulatory functions of the operation.
“Chris has played an integral role in the growth and expansion of HFP’s international presence in specialty financial products over the last six years,” said Dandini. “With his depth of experience, expertise and knowledge of the international market, Chris is well-suited to lead HFP’s continued growth in serving the global placement needs of clients throughout Europe and other parts of the world.”
Prior to joining The Hartford, Magee served in senior regional underwriting positions with both Kemper and Royal & SunAlliance in the U.S. He began his insurance career with Chubb & Son, where he served in various roles of increasing responsibility in underwriting, management and business development.
HFP has been a global leader in providing professional and management liability solutions to international clients since 2001. HFPI offers a broad array of corporate liability products to address the risk management needs of large multi-national corporations. The division is authorized and regulated by the United Kingdom Financial Services Authority and is licensed in the 27 countries of the European Union (EU) and Switzerland.
HFPI’s office is located in the Corn Exchange at 55 Mark Lane in London. Magee can be reached at 00-44-20-7481-7760 or chris.magee@thehartford.com.
About The Hartford
Celebrating nearly 200 years, The Hartford (NYSE: HIG - News) is an insurance-based financial services company that serves households, businesses and employees by helping to protect their assets and income from risks, and by managing wealth and retirement needs. A Fortune 500 company, The Hartford is recognized widely for its service expertise and as one of the world’s most ethical companies. More information on the company and its financial performance is available at www.thehartford.com.
HIG-PC
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2008 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
The Hartford Financial Services Group, Inc.
Pamela Rekow, 00-1-860-547-8990
pamela.rekow@thehartford.com
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