The Hartford Names Michael Garrison Head of International Division, Rick Ciullo to Lead U.S. Specialty Retail Businesses
HARTFORD, Conn., October 29, 2024 (VSNewsNetwork.com) — Insurance company The Hartford has announced new leadership appointments in its Global Specialty division, expanding Michael Garrison’s role to include head of the International division alongside his current responsibility for the U.S. wholesale organization. Additionally, Rick Ciullo was named head of U.S. retail businesses within Global Specialty, a new position that broadens his oversight to include Environmental, Financial Lines, Ocean Marine, Livestock, and other retail-focused areas.
These leadership changes will be effective November 1, 2024. Both Garrison and Ciullo will continue to report to Adrien Robinson, Head of Global Specialty at The Hartford.
“These leadership appointments bring together complementary business units to enhance innovation and serve the growing needs of our customers and distribution partners with a full suite of products and risk solutions. Organizing Global Specialty into unified teams under Michael and Rick brings together deeply specialized business units to respond quickly to market dynamics while maintaining our ability to offer customized solutions by distribution channel,” said Robinson.
The Hartford’s Global Specialty division offers specialty insurance to businesses of all sizes across industries, including Cyber, Bond, Environmental, Directors & Officers liability, Errors & Omissions liability, and Ocean Marine, among others.
Garrison, who joined The Hartford in 2021, has been focused on the strategic direction and growth of the company’s wholesale distribution channel partners. In his expanded role, he will also oversee the company’s International division, including leadership of Hartford Underwriting Agency Limited, the Lloyd’s of London managing agency for Syndicate 1221. Carl Bach, head of International and CEO of Hartford Underwriting Agency Limited, will report to Garrison.
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Ciullo, who has led The Hartford’s Bond business since 2016, will now oversee additional lines of business including Environmental, Financial Lines, Ocean Marine, and Livestock, in addition to Bond and Credit & Political Risk. Under his leadership, the Bond business has provided surety products to companies ranging from small businesses to large corporations.
“The insurance landscape is rapidly evolving, especially with technology-driven changes. Structuring around distribution channels will help Global Specialty remain innovative and adaptive, implementing new technologies, processes or products that are best suited for distinct customer needs. I am proud of the caliber of talent in the Global Specialty business, which is well positioned to meet the challenges of this evolving landscape,” Robinson added.
For more information about The Hartford, visit thehartford.com.
Source: The Hartford