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Travelers promotes exec, 30-year veteran to retire


Travelers Cos. Inc. announced that Greg Toczydlowski has been promoted to president of business insurance, effective immediately, while Doreen Spadorcia, a vice chairman, will retire Sept. 1 after 30 years with the company.

Mr. Toczydlowski, based in Hartford, Connecticut, was most recently executive vice president and president of small commercial, business insurance technology and operations, the insurer said Wednesday in a statement.

He continues to report to Brian MacLean, Travelers' president and chief operating officer.

Since joining Travelers in 1990, he has held numerous positions in systems, finance, underwriting, product, marketing and business development.

Bill Cunningham had been executive vice president of business insurance before leaving the company in 2014, according to Travelers’ website.

Ms. Spadorcia is vice chairman, technology, claim services, operations and risk control, and CEO of personal insurance and bond and specialty insurance. She also has oversight of analytics, customer experience, marketing, e-business and special liability group, according to the statement.

She has been a member of the management committee since 2005, when she was appointed to lead claim services. She also spearheaded the creation of Travelers' training facility, Claim University, and developed a companywide catastrophe response model that “transformed the way Travelers mobilizes around large-scale disasters,” according to the statement. She has also served as a director of the Travelers Foundation.

There will be no replacement for Ms. Spadorcia as the company has reassigned many reporting lines, the spokesman said.