TORONTO–(BUSINESS WIRE)–Travelers Canada today announced the appointment of Heather Masterson as
President and Chief Executive Officer, effective immediately. Masterson
succeeds Duane Sanders, who has taken a senior leadership role in the
company’s largest business segment in the United States.
Masterson, who joined Travelers Canada in September 2015 as Chief
Operating Officer, was previously President and CEO of Totten Insurance
Group. She also held several executive positions at HUB International
and served as Vice President of AIG WorldSource.
“Heather is a proven leader with a tremendous background in the industry
and an exceptional track record,” said Kevin Smith, President of
International at Travelers. “She has brought a valuable perspective to
our distribution strategy through her knowledge of the Canadian
marketplace. I am confident that Heather will identify ways to continue
leveraging our deep competitive advantages and grow our presence in
Masterson said, “I am excited about the opportunity to lead the talented
team at Travelers Canada. Together, we will stay focused on innovation
and service excellence. I am also looking forward to building upon our
relationships with brokers to ensure that we deliver a compelling
proposition for customers and prospects.”
Sanders played a key role in the Travelers acquisition and integration
of The Dominion of Canada General Insurance Company and oversaw the
successful introduction of the company’s personal auto product in
Ontario, TRAVELERS OPTIMA™.
Smith added, “I want to thank Duane for his many contributions to our
International organization. He has done an outstanding job building a
strong foundation upon which Travelers Canada will continue to grow.”
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$27 billion in 2015. For more information about Travelers Canada, visit www.travelerscanada.ca.
The Travelers Companies, Inc.
Shelagh Paul, 416-350-5880