Annmarie Hagan has been named president of WellPoint, Inc.'s (NYSE:WLP) Specialty Businesses, effective immediately.
WellPoint named Dani Fjelstad president of WellPoint's Dental business. Mike Walsh announced his retirement from WellPoint, after serving as president of the company's Specialty Business, and previously as president of DeCare Dental since 1987. Walsh will continue supporting WellPoint in a business consulting role after his retirement, focusing on innovation and driving Specialty Business growth.
Hagan most recently served as the chief operating officer for WellPoint's Specialty businesses. Since joining WellPoint, her role and responsibilities have included strategy development for WellPoint's Disability/Life, Workers Compensation and Vision businesses. In her expanded role, Hagan will also be responsible for driving overall revenue and profit growth across all Specialty businesses including Dental.
Prior to joining WellPoint, Hagan served as executive vice president and chief financial officer at Cigna. Hagan received her bachelor of science in Finance and Accounting from Drexel University in Philadelphia.
WellPoint's Specialty businesses include dental, disability, life, vision and workers' compensation.
In other industry news:
American International Group, Inc. (NYSE:AIG) named Kim Garland as chief underwriting officer for Global Consumer Insurance for AIG Property Casualty, transferring from his position as president and chief executive officer of AIG's United Guaranty Corporation (UGC).
Garland will be responsible for the consumer book of business underwriting results globally. He will establish the risk appetite and profile for the business, and work with the business lines and regions to establish and drive the strategy for each product line. He will report to Jeff Hayman, CEO of Global Consumer Insurance.
Garland joined UGC in 2009 as chief operating officer. Before that, he spent more than 20 years in the personal lines business working for Safeco and GEICO. He holds a bachelor's degree in mathematics from Florida State University and a master's degree in mathematics from the University of Virginia. He is a Fellow of the Casualty Actuarial Society.
Donna DeMaio will succeed Garland as president and CEO of United Guaranty, reporting to Peter Hancock, chief executive officer of AIG Property Casualty.
DeMaio will be responsible for the profitability and growth of the business. Previously, she was UGC's chief operating officer. Before that, she was president and CEO of MetLife Bank, and earlier, its chief financial officer.
Prior to joining MetLife, DeMaio was a partner with PricewaterhouseCoopers. She is a CPA and holds a bachelor's degree in accounting and business from Muhlenberg College.