CNA Financial Corporation announced that Doug Worman will become president and chief executive officer of the company as of Jan. 1, 2025.

Dino E. Robusto, the current chairman and CEO, will transition to the role of executive chairman of CNA’s Board of Directors. He will lead the board as well as serve as a strategic advisor to Worman.

Worman, who is currently CNA’s global head of Underwriting, joined the company in March 2017 as executive vice president and chief underwriting officer. Prior to joining CNA, he served as CEO of Endurance U.S. Insurance; EVP of Alterra Capital Holdings, a Stone Point Capital company; and CEO of Alterra US Insurance. He began his insurance career as an underwriter at AIG, where he worked his way up through various underwriting and management positions, eventually serving as president and CEO of AIG Excess Casualty Group, formerly known as American Home.

“We are extremely thankful to Dino, who over the past eight years has worked tirelessly to lead the company to record levels of profitability and top quartile underwriting performance. We are delighted that he will continue to advise CNA as executive chairman. As we look to the future, we know that Doug is a dynamic and proven leader with a clear vision for the company,” said James S. Tisch, a member of CNA’s board of directors and the CEO of Loews Corporation, CNA’s largest shareholder.