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Succession planning helps ensure that businesses can continue to run smoothly and without interruption, maintaining stability within an organization when a senior leader departs.
In September, The Hartford Financial Services Group Inc. announced a series of executive leadership changes set in motion by the retirement of Doug Elliot, longtime president of the company, effective Dec. 31.
Mr. Elliot had served as president of The Hartford since July 2014 and oversaw the integration of Navigators Group Inc., the global specialty insurer it acquired in 2019. He joined the company in April 2011 as president of commercial markets.
A. Morris “Mo” Tooker, previously head of middle and large commercial, was promoted to an expanded role adding responsibility for global specialty and sales and distribution, reporting directly to Hartford Chairman and CEO Christopher Swift.
Hartford also announced that Stephanie Bush, head of small commercial and personal lines, and Ross Fisher, global chief underwriting officer, would report to Mr. Swift.
The story on Hartford’s leadership restructuring was the second most read risk management-related story on Business Insurance’s website in 2022.
In November, Hartford named Tracey Ant head of middle & large commercial business units, effective Jan. 1.
In her newly created role, Ms. Ant will oversee all middle and large commercial business units across multiple industries, including construction, large property, real estate, life sciences, technology, energy and marine, Hartford said.
Ms. Ant, who was a 2006 Business Insurance Women to Watch winner, continues to report to Mr. Tooker.