CHICAGO–(BUSINESS WIRE)–#Assets–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.
Contacts
US & Canada:
John O’Connell
+1 312 444 2388
John_O’[email protected]
http://www.northerntrust.com
