Doug Elliot will retire as The Hartford’s president effective Dec. 31, capping 11 years with the company, the Hartford-based insurer announced Wednesday.
During his tenure, Elliot oversaw the $2.2 billion acquisition of The Navigators Group Inc., a global specialty underwriter, in 2019. The purchase led to the creation of two distinct multibillion-dollar businesses: middle and large commercial and global specialty.
“Doug was instrumental in expanding the company’s suite of products, developing industry-specific verticals within our property-casualty business and elevating our underwriting excellence,” said The Hartford’s Chairman and CEO Christopher Swift.
Elliot said he was honored to work for the “iconic and trusted brand” and was proud of the company’s history.
“Today, we have the right mix of talent, suite of products and capabilities to succeed,” Elliot said. “I have great confidence in the deep experience of The Hartford’s leaders and look forward to seeing them continue to compete and win in the marketplace.”
Starting Nov. 1, The Hartford will restructure its leadership in preparation for Elliot’s retirement. The head of the middle and large commercial segment, A. Morris “Mo” Tooker, will report directly to Swift and will take on responsibilities for global specialty, and sales and distribution.Â
The head of small commercial and personal lines, Stephanie Bush, also will report directly to Swift. Global Chief Underwriting Officer Ross Fisher will report directly to Swift as well, and will continue in his role.
Elliot joined The Hartford in 2011. Before that, he served as CEO of Hartford Steam Boiler. He began his career in public accounting after graduating from the University of Connecticut.
Â
