Assurant, a global provider of specialty protection products and related services, has named Assurant's Chief Financial Officer Christopher Pagano as chief risk officer.
As part of its ongoing strategic realignment, Assurant said it will integrate the key functions of risk management, strategy and business development, communication and marketing, technology and human resources under the leadership of enterprise-level senior executives. The leaders managing these areas will work in close coordination with the business segments, Assurant Solutions and Assurant Specialty Property, and serve on Assurant’s Management Committee. Strengthened by the additional expertise, the Management Committee will have a broader focus to manage and leverage enterprise-wide capabilities and resources to their full potential.
Assurant said it has begun an external search for a CFO and treasurer to succeed Pagano, who will remain in the role until a successor is in place. In his new role, Pagano will work to further integrate and build upon the company’s rigorous risk management framework to meet the challenges of an increasingly complex market environment. Pagano is a member of Assurant's Management Committee. He will report to Alan Colberg and indirectly to the finance and investment committee of Assurant’s board.
Additionally, Assurant said it is searching for someone to fill the newly created enterprise role of chief technology officer to accelerate the company’s digital transformation, increase efficiencies, leverage data and analytics and enhance the services Assurant provides to clients and consumers worldwide.