Cincinnati Financial Announces Retirement of Chief Claims Officer Marc Schambow
Cincinnati Financial Corporation (Nasdaq: CINF) announced that Marc J. Schambow, chief claims officer for its property casualty subsidiaries including The Cincinnati Insurance Company, will retire in January 2027 after nearly four decades with the company. Schambow has held leadership roles since joining as a field claims representative and most recently led during challenging times like the height of the Covid-19 pandemic. Todd V. McMillan is set to assume executive responsibility for claims operations, bringing over 30 years of experience in liability claims from companies such as Safety National Casualty Corporation. The transition will also see Thomas C. Hogan, chief legal officer, take on oversight of claims operations alongside McMillan and Schambow during the handover period.
Tickers: $CINF
Topics: insurance management_change