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Ҵý Announces New President and Chief Executive Officer for Ҵý Canada

CHICAGO, April 25, 2017 /PRNewswire/ -- Ҵý Financial Corporation (NYSE: Ҵý) today announced the appointment of Nick Creatura to President and Chief Executive Officer for Ҵý Canada. Nick will be responsible for executing profitable growth strategies for the global insurer's Canadian operations. He will report to David Brosnan, Chief Executive, Ҵý Hardy. The appointment is effective May 15, 2017.

"The Canadian market is important to Ҵý and Nick is well known in the global marketplace for his leadership and industry knowledge," Brosnan said. "Nick is a proven leader who has a successful track record of expanding international capabilities. He joins our organization at an exciting time in our international growth. His network of contacts and vast experience will allow us to continue to build stronger and deeper relationships with our producers as we build out our core proposition and brand awareness in our chosen markets. Furthermore, his appointment demonstrates our ability to attract the very best market talent."

Nick will be responsible for building scale and relevance by increasing brand awareness in Canada and harnessing the expertise that exists across the organization to deliver on growth targets. In addition, he will work closely with the International team to further advance Ҵý's market position.

Nick most recently served as Executive Vice President and Chief Financial Officer of Royal & Sun Alliance, Canada. Previously, Nick held senior roles at Liberty, Chubb and PWC in Canada and the U.S.

Nick succeeds John Hennessy, the former leader of Ҵý's Canadian operations, who recently moved to Ҵý's headquarters in Chicago to .

About Ҵý
Serving businesses and professionals since 1897, Ҵý is the eighth largest commercial insurance writer and the 14th largest property and casualty company.  Ҵý's insurance products include commercial lines, specialty lines, surety, marine and other property and casualty coverages. Ҵý's services include risk management, information services, underwriting, risk control and claims administration.  For more information, please visit Ҵý at . "Ҵý" is a service mark registered by Ҵý Financial Corporation with the United States Patent and Trademark Office. Certain Ҵý Financial Corporation subsidiaries use the "Ҵý" service mark in connection with insurance underwriting and claims activities.

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CONTACT:

Brandon Davis, 312-822-5167 / 312-834-6091
Sarah Pang, 312-822-6394 / 312-607-5544

SOURCE Ҵý Financial Corporation