Mark Herman, President

Mark Herman is President of Custodia Financial. As President, Mark helps guide Custodia on its mission to automatically improve retirement readiness by solving America’s $2.5T 401(k) loan default problem.

A seasoned insurance executive, Mark has a diverse leadership and operational background, including deep underwriting experience and a successful track record of building, refining and transforming insurance operations domestically and internationally.

Prior to joining Custodia, Mark served as President and Chief Operating Officer of CNA Financial Corp.’s Specialty Lines business. Before CNA, he served as CEO of Everest National Insurance Company and held other senior executive leadership roles at Chubb & Sons, ACE, and Ariel Holdings. Mark has significant knowledge of ERISA-regulated employee benefits though his experience providing fiduciary liability insurance to plan sponsors.

Mark holds a BS in Business Administration from the University of North Carolina at Chapel Hill. He lives in the Philadelphia area with his family.