Northern Trust Insurance Solutions Adds Depth and Expertise with Strategic Business Development Hire
June 19 2019 - 11:00AM
Business Wire
Northern Trust (Nasdaq: NTRS) today announced that Christopher
Madigan has joined as a senior business development executive for
Insurance Solutions, which provides a full suite of services to
help insurers drive operational efficiency, enhance investment
yields and mitigate risk.
Madigan brings more than 25 years of financial industry
experience to Northern Trust, most recently in a business
development role at State Street Corporation focused on asset
managers and members of the insurance sector. He will be
responsible for building strategic relationships with insurers
throughout North America, leveraging Northern Trust’s local and
global expertise with the world’s leading insurance organizations.
His hiring underscores Northern Trust’s commitment to strategic
growth in its Insurance Solutions business, further expanding its
capacity and capability following rapid expansion in recent
years.
“We are thrilled to have an industry veteran of Chris’s caliber
join our team and build on our ongoing growth and momentum in the
insurance sector,” said Chris Dvorak, head of Insurance Solutions
at Northern Trust. “Insurers face increasing complexity in their
allocation of assets, operations and reporting requirements, and
outsourcing to an experienced service provider is often the most
efficient way for them to access the expertise, capabilities and
technology solutions necessary for ongoing growth and enhanced
performance. We look forward to continuing to showcase and grow our
capabilities through Chris’s development efforts.”
Northern Trust Insurance Solutions provides a comprehensive
offering for insurance companies, integrating investment management
and advisory services, middle- and back-office operations, capital
markets capabilities and portfolio management support.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has a global presence
with offices in 20 U.S. states and Washington, D.C., and across 23
locations in Canada, Europe, the Middle East and the Asia-Pacific
region. As of March 31, 2019, Northern Trust had assets under
custody/administration of US$10.9 trillion, and assets under
management of US$1.2 trillion. For more than 125 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at http://www.northerntrust.com/disclosures.
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US & Canada:John O’Connell+1 312 444
2388John_O’Connell@ntrs.comhttp://www.northerntrust.com
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