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Stephanie Bush (Photo: Business Wire)

Stocks in this article: HIG

The Hartford today announced a realignment of senior leadership positions to further advance the company’s business strategy and deliver value for shareholders.

Doug Elliot (Photo: Business Wire)

Doug Elliot (Photo: Business Wire)

“Today’s appointments will provide increased alignment, focus and accountability to enable us to deliver greater value to our customers and partners, and our shareholders,” said The Hartford’s CEO Christopher J. Swift. “These executives are all proven leaders with excellent track records of delivering results, and I am thrilled they are taking on these roles. The new structure will provide the necessary leadership for us to continue advancing our strategy to profitably grow the Property & Casualty, Group Benefits and Mutual Funds businesses, reduce the size and risk of Talcott Resolution and become a more efficient and effective organization.”

Doug Elliot, who assumed the role of president of The Hartford July 1, will expand his responsibilities to include oversight for Consumer Markets. He will now be accountable for all of the company’s Property & Casualty (P&C) lines of business, in addition to Group Benefits and Claims.

Bill Bloom will rejoin The Hartford as executive vice president of Operations and Technology, reporting to Swift. In this new role, Bloom will assume day-to-day responsibility of the information technology and operations organizations, as well as the company’s technology strategy. Bloom joins The Hartford from EXL, where he was president, Global Client Services. Previously, he held leadership roles at Accenture and served as executive vice president, Insurance Operations and Information Technology at Travelers. Earlier in his career, he held leadership positions with The Hartford’s Group Benefits business.

Brion Johnson, chief investment officer and president of Hartford Investment Management Company, will also oversee Talcott Resolution, the company’s runoff annuity operations. Succeeding Beth Bombara who was appointed chief financial officer of The Hartford on July 1, Johnson and the Talcott Resolution team will continue to focus on reducing the size and risk of the company’s legacy annuity liabilities, while continuing to fulfill commitments to contract holders.

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