Cincinnati names Schambow chief claims officer as makes raft of promotions

Cincinnati Financial Corporation has elevated Marc Schambow to chief claims officer and senior vice president as part of a swathe of promotions across the firm.

Long-serving Schambow was most recently vice president, field claims at the insurer, having joined the carrier in 1988.

The promotions – which include 10 to vice president within its property and casualty business – were approved by the Cincinnati board on 29 January.