Royal & SunAlliance USA announced today that Terry Broderick is retiring from his position as president and chief executive, to take effect on 30 June.
He will be succeeded by Steve Mulready who is currently president and chief executive of R&SA's US commercial division.
The company said Broderick had decided to retire for health reasons and to devote more time to outside interests.
He has been with R&SA since 1973 and was appointed president in 1997 and chief executive in 2000.
