Risk Management

2018 Break Out Awards, West: Corey Rider

June 04, 2018 Reprints

CNA P/C Insurers More + Less -

COREY RIDER

Assistant vice president, commercial officer of San Francisco branch

CNA Financial Corp.

San Francisco

Age: 29

New Hampshire native and Boston Red Sox fan Corey Rider was attracted to the entrepreneurial, analytical and deal-making aspects of commercial underwriting when he joined Hanover Insurance Group Inc.’s “Future Leaders” program out of college in 2010. In 2012, he joined CNA Financial Corp.’s middle market technology operations in San Francisco. Promoted earlier this year, he is responsible for CNA’s commercial insurance portfolio in the Bay Area.

Job change over the next 10 years

The pace of learning is likely going to exponentially increase over the next 10 years. We are processing more transactions and getting better insights, so the people executing the business at the highest level will be those that are able to influence change and plot the right course forward. Portfolio managers and people leaders will need to respond to that and stay ahead on techniques and tools and getting our folks to be self-learners.

Advice to someone starting in the business

It’s about absorbing as much knowledge as possible. Something that was recommended to me was study broadly even if you specialize, take calculated risks by blending your knowledge and trying new ideas, then pay attention to feedback, make adjustments and keep pushing forward.

Best-kept secret about insurance

The people. You’ve got a lot of good, hardworking people that are reliable and have some good values. And the energy — outsiders have a tendency to think insurance is slow, but once you are inside the four walls, the energy can be overwhelming at times.

Dream vacation

Something active like hiking, climbing, ziplining during the day and then a beach party in the evening.

Favorite meal

A Thanksgiving feast.

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