Sean Genden has been named Chief Executive Officer for Travelers Europe to support its strategic and growth initiatives in the European property and casualty market. Previously Chief Operating Officer of Travelers Europe, Genden will take overall responsibility in the UK and Ireland for both Travelers Insurance Company Ltd and Travelers Syndicate Management Ltd, its Lloyd’s of London operation.
Taking up his new role with immediate effect, Genden is based in London and will report to Kevin Smith, President – International, who is responsible for the company’s operations in the UK, Ireland, Canada and emerging markets.
“Sean is a highly skilled manager with an outstanding track record,” said Smith. “Through his long tenure at Travelers with experience in both the company’s US and international operations, he has already made his mark in Europe, and I’m delighted to have him in the role of CEO. With his strategic abilities, his leadership talent and his knowledge of the London insurance market and Lloyd’s, Sean has all the key skills to work with our leadership teams to develop our business and reputation as one of the world’s leading insurers.”
Genden said, “Becoming CEO of Travelers Europe is a wonderful opportunity at a very exciting time. In my role as COO, I’ve worked closely with the current management teams to review the markets and to identify the opportunities for Travelers to develop its business. By utilising all the strengths and talent within our Lloyd’s operation and the Travelers Insurance Company, I believe we have the capacity and skills to execute and enhance our position in these markets.”
A graduate of the University of Connecticut, Genden began his career with Travelers in 1991, taking on positions of increasing responsibility in a variety of the company’s businesses. In August 2009 he was appointed Vice President of Risk and Underwriting Services – Europe, before his promotion to Chief Operating Officer – Europe in June 2010.
Keith Purvis and Peter Hayden will continue to lead the Travelers Insurance Company Ltd in the UK and Ireland, respectively, and Steve Eccles will continue to lead Travelers Syndicate Management Ltd, all reporting to Genden.
“We are excited to have a team with such extensive experience and market expertise leading our European operations,” said Smith. “By extending the scope of our management team across both the Travelers Insurance Company and our Lloyd’s syndicate, we are well positioned to serve our customers and brokers with strong underwriting, solid claims management and specialty expertise.”
Source : Travelers Press Release
