The Hartford Financial Services Group has appointed Douglas Elliot as new president of commercial markets, effective 6 April 2011.

Elliot will report to Liam McGee, chairman, president and CEO of The Hartford.

Elliot is currently president and CEO of HSB Group, commonly referred to as Hartford Steam Boiler and a subsidiary of Munich Re, and president of Specialty Insurance.

Previously, Elliot was a senior advisor with Aspen Insurance Holdings, a reinsurer and specialty line insurance group.

Elliot began his career in the public accounting field before joining Travelers in 1987. At Travelers, he advanced through a series of positions of increasing responsibility. In 2002, he became chief operating officer for Travelers property-casualty and in 2004 he was named CEO of general commercial and personal lines for St Paul Travelers Companies, following the merger of those companies.

McGee said Doug brings a strong combination of commercial property and casualty insurance experience, industry knowledge, and business and financial acumen to this important role at The Hartford.

"We are charging Doug with driving profitable growth in commercial markets and bringing the full power of our One Hartford approach to bear in the markets where we compete," McGee said.