CNA Financial Corporation has appointed Mark Verheyen to senior vice president and chief risk officer. In this role, Verheyen will lead company-wide risk management efforts, including determining risk tolerances as well as measuring and monitoring risk throughout CNA. Verheyen succeeds John Beckman who has accepted the role of chief underwriting officer in commercial insurance.

Since rejoining CNA in 2008, Verheyen has played a key role as a member of its enterprise risk management team, leading the development of its internal economic model, an important part of strategic and operational planning, capital management decision making, and day-to-day business execution. His 20 years of insurance industry experience includes spending the first 10 years at CNA in a variety of roles including pricing, reserving, underwriting, and reinsurance. He went on to assume actuarial and modeling roles at other firms including Ernst & Young and Travelers before rejoining CNA.