Personnel Changes: Hartford, MassMutual, Others

August 29, 2008 at 09:11 AM
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Hartford Investment Management Company has named Greg McGreevey chief investment officer for insurance portfolios.

He joined the firm from ING Investment Management and reports to David Znamierowski, president of Hartford Investment Management, a subsidiary of the Hartford Financial Services Group Inc.

In other personnel moves:

Massachusetts Mutual Life Insurance Company, Springfield, Mass., has made 2 new appointments to its MassMutual Retirement Services unit.

It named Edward Andrassy as a relationship manager for the unit's Midwest service team in Cleveland, Ohio. He joins MassMutual from Legend Financial Group, Cleveland.

It also appointed Carolyn Dyson as a relationship manager with the unit's Western service team in Denver, Colo. She was most recently a client relationship manager with Great-West Retirement Services, a unit of Great-West Life & Annuity Insurance, Denver.

Phoenix Investment Partners, a subsidiary of the Phoenix Companies Inc., Hartford, announced that Francis G. Waltman has rejoined the company as senior vice president, product management and development. He reports to George R. Aylward, president of Phoenix Investment Partners.

Waltman rejoins Phoenix from Prudential Retirement, part of Prudential Financial Inc., Newark, N.J. where he was head of its investment products team. He had previously been with Phoenix for 15 years.

Phoenix has announced its intention to spin off Phoenix Investment Partners to Phoenix's shareholders later this year. The company will operate as Virtus Investment Partners following the spin-off.

Amalgamated Life Insurance Company, New York, appointed John Thornton as executive vice president, sales and marketing and Leslie Bostic as senior vice president, human resources.

Thornton had previously been vice president of sales at CIGNA Healthcare's sales operations for Northern New England.

Bostic had worked for Schering-Plough Corp. as senior manager of global human resources.

Amalgamated Life, a union-owned company, provides group life and disability insurance, third-party administration services and medical management services.

Corporate Synergies Group Inc., Mt. Laurel, N.J., reports that Eric Raymond has retired as chief executive officer.

Scott Birnbaum, chairman of the board, has been named acting CEO while the company, an employee benefits provider, searches for a full-time replacement. Birnbaum has served on the Corporate Synergies board since 2004.

Max Capital Group Ltd., Bermuda, has appointed Kevin C. Werle as executive vice president and chief risk officer.

Werle had been vice president of New England Asset Management Inc., a unit of Berkshire Hathaway's General Reinsurance Corp. He assumes responsibility for certain functions previously performed by executive vice president and chief operating officer Peter Minton and by Jim Tees, executive vice president of finance and investments for the company.

Max Capital provides specialty insurance and reinsurance products to life and health insurers as well as corporations, public entities, and property and casualty insurers.

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