August 30, 2016 10:24 PM ET


Company Overview of The Cincinnati Insurance Company, Inc.

Company Overview

The Cincinnati Insurance Company, Inc. provides property and casualty insurance for businesses, homes, and automobiles in the United States. The company was founded in 1950 and is based in Fairfield, Ohio. The Cincinnati Insurance Company, Inc. operates as a subsidiary of Cincinnati Financial Corp.

6200 South Gilmore Road

Fairfield, OH 45014-5141

United States

Founded in 1950





Key Executives for The Cincinnati Insurance Company, Inc.

Chief Executive Officer, President, Chief Executive Officer of Cincinnati Financial and President of Cincinnati Financial
Age: 56
Chief Financial Officer
Age: 52
Chief Operating Officer
Age: 68
Chief Information Officer and Senior Vice President
Age: 54
Senior Vice President of Investments
Age: 60
Compensation as of Fiscal Year 2016.

The Cincinnati Insurance Company, Inc. Key Developments

The Cincinnati Insurance Company Appoints Executives

Cincinnati Financial Corporation announced that R. Philip Sandercox, Erin A. Skala and Wendy A. Hayes joined The Cincinnati Insurance Company, adding expertise to Cincinnati Re, its reinsurance assumed operation. Sandercox, managing director, head of specialty casualty reinsurance, will oversee the strategic direction, underwriting and marketing of the company's specialty casualty reinsurance assumed portfolio. A 28-year veteran of the reinsurance industry, Sandercox most recently served as senior vice president and head of specialty casualty reinsurance at Aspen Re America Inc. and was formerly at Gen Re and Willis Re. Skala, managing director, head of property reinsurance, will lead all property treaty underwriting for U.S. and global clients and build a highly technical team focused on producing a diversified property portfolio within Cincinnati Re. Prior to joining Cincinnati Re, Skala was president and chief operating officer of ACE Tempest Re in Bermuda. Hayes, managing director, head of catastrophe risk analytics, will build the company's center of excellence for catastrophe modeling with a focus on technology and scientific capabilities. She brings 20 years of catastrophe modeling experience most recently as operations leader of the U.S. catastrophe management team at Aon Benfield.

Cincinnati Financial Corporation Subsidiaries Announce Appointments and Promotions

Cincinnati Financial Corporation announced that on January 29, 2016, boards of its subsidiary companies held their regular meetings and appointed directors, officers and counsel, including the following promotions and new appointments: Promotion to Senior Vice President: Theresa A. Hoffer – Corporate Accounting. Promotions to Vice President: John A. Davis – Reinsurance Assumed; Michael K. Dockery – Information Security Office; Elizabeth E. Ertel, CPCU, AIM, API, AINS – Corporate Communications; James A. Faust – Reinsurance Assumed; Sean M. Givler, CIC, CRM – Sales & Marketing; Brent A. Hardesty III, CPCU, AIAF, CIA, CISA, PMP – Information Technology; James W.B. Hole – Reinsurance Assumed; Joseph W. Kinsey – Personal Lines; Michelle L. Kyle, CISA, PMP – Information Technology; Paul B. LeStourgeon, FCAS, MAAA, CFA, CERA – Reinsurance Assumed; Mark A. McBeath – Marketing; Claudio A. Ronzitti, Jr., Esq. – Reinsurance Assumed. Promotions to Assistant Vice President: John L. Crow – Headquarters Claims; George A. Grossenbaugh, SCLA, CFE – Special Investigations; Constance S. Hennigan, CPCU, AIC, AIM, RPLU – Headquarters Claims; John C. Nutter, CPCU, AIC, AIM – Headquarters Claims; Kevin D. Oleckniche, CPCU, ARM, CSP – Loss Control. Promotions to Secretary: Benedict P. Aten, CPCU, AIC, AIM – Field Claims; Peter J. Bond, AIC – Headquarters Claims; Martin G. Bruce, CPCU, AIM, ARe, ARM – Commercial Lines; Steven D. Dorr – Management Liability & Surety; Steven J. Fisher, CPCU, AIM, CIC – Target Markets; William J. Jansen – Premium Audit; Shawn P. Niehaus, CPCU, AIM, ARe – Commercial Lines; Wayne K. Pinney, CPCU – Machinery & Equipment Specialties; Brian T. Reisert, CPCU, AIM, AINS – Commercial Lines; Mark T. Rutherford, CPCU – Commercial Lines; Andrew M. Schnell, CPCU, CPA, AINS – Corporate Accounting; Kathryn L. Settle – Sales & Marketing; Nicholas D. Wright, AFSB – Management Liability & Surety. Promotions (New Appointments) to Assistant Secretary: Kelly R. Chasteen – Internal Audit; Michael J. Cranney, CPCU, AIC, AIM – Field Claims; Roy H. Faglie, Jr., CPCU, AIC, AIM – Headquarters Claims; Denise L. Oppedisano, PMP – Information Technology; Benjamin L. Richards, CPCU, ARM – Commercial Lines; Scott R. Sanderson, CPCU, AIC – Headquarters Claims; Scott A. Schuler – Personal Lines; Bryan J. Sturdy, CPCU, CIC – Sales & Marketing; Rajesh C. Thurairatnam, FCAS – Predictive Analytics. Promotion (New Appointment) to Assistant Treasurer: Christina A. Scherpenberg, CPCU, CPA, API, AINS – Corporate Accounting. Promotion to Corporate Counsel: Claudio A. Ronzitti, Jr. Promotions to Senior Associate Counsel: J. Richard Brown – Legal-Litigation; and Neal J. Robinson – Legal-Litigation. Promotion (New Appointment) to Associate Counsel: David J. Heinlein – Legal-Litigation. The Cincinnati Life Insurance Company: Promotion to Senior Vice President: Theresa A. Hoffer. Promotions to Vice President: Ann S. Binzer, ChFC, CLU, FALU, FLHC, FLMI – Life Claims; Michael K. Dockery; Brent A. Hardesty III; Michelle L. Kyle. Promotion (New Appointment) to Assistant Secretary: Denise L. Oppedisano. Promotions to Senior Associate Counsel: J. Richard Brown; and Neal J. Robinson. Promotion (New Appointment) to Associate Counsel: David J. Heinlein. The Cincinnati Specialty Underwriters Insurance Company: Promotion (New Appointment) to Assistant Secretary: John S. Larkins IV – CSU Underwriting.

The Cincinnati Insurance Company Launches New Suite of Insurance Products in New York

The Cincinnati Insurance Company has launched executive capstone program, a new suite of insurance products serving the needs of high net worth personal insurance clients, in New York. The Executive Capstone program offers coverage features, limits and options to help agents tailor insurance programs for the more complex insurance needs of clients with homes valued up to $50 million, yachts, high-end cars or collector cars and personal articles to include fine arts and jewelry. Additional options include green coverage, employment practices liability endorsement for umbrella liability, excess flood when primary plans are purchased and family shield recovery expenses.

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Recent Private Companies Transactions

Private Placement
April 28, 2016
STORE Capital Corporation

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