News
Argo International, the specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, Ltd. (NASDAQ: AGII), today announces the appointment of John Moffatt as Class Underwriter to lead its growing Accident and Health business.
John joins Argo International with 17 years of experience in Accident & Health both in the Lloyd’s and Company markets. Most recently he was with QBE European Operations where he spent the last 7 years managing the Personal Accident account. Prior to his time at QBE, John worked in underwriting roles at Impact Underwriting / Creechurch, Lincoln National and Independent Insurance and a broking role at HSBC Insurance Brokers.
“John’s appointment as head of Accident and Health marks an important step in the development of the team and comes after the recent announcement of the appointment of Judith Isherwood who now leads the entertainment insurance practice within Accident and Health,“ commented Argo International CEO Julian Enoizi.
He continued “We are committed to developing our underwriting portfolio and we have said we will drive the successful expansion of our business through the recruitment and retention of quality underwriting talent. We have already demonstrated that we are dedicated to growing our Accident & Health division and John will be integral to our strategic growth programme for this class and our underwriting business as a whole.”
Judith Isherwood appointed to lead entertainment division
Argo International, the specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, Ltd. (NASDAQ: AGII), today announces that it has further expanded its specialist portfolio with the addition of entertainment to its underwriting business.
The new line, written within the Accident and Health Division of Argo International and which will include event cancellation, non-appearance, prize indemnity and film insurance, will be led by newly appointed Judith Isherwood, who joins Argo International from Mitsui Sumitomo Insurance Underwriting at Lloyd’s.
As Project Manager at Mitsui, Judith was responsible for implementing and executing strategic projects to evaluate and develop new business streams. Prior to this, she worked at Chubb Insurance Company of Europe SA for 14 years and was most latterly European Entertainment & Events Underwriting Manager.
Over her two decade career in the industry Judith has built strong European credentials, working in both Portugal and Paris in addition to London. She is Vice President and former Member of Council of the Insurance Institute of London and Former Chairman of the Insurance Institute of London Representatives’ Committee.
Argo International CEO Julian Enoizi said, “This latest step in our growth strategy further highlights our commitment to building a market leading international offering and to driving this growth with a team of talented and determined underwriters. With her experience, excellent market credentials and solid management skills, Judith will be an asset to the successful establishment of Argo’s entertainment business and our wider growth programme.”
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, Ltd. (NASDAQ: AGII), today announces that it has appointed Ruth Roberts as Head of Claims.
Ms Roberts, who takes up the position on 02 June, joins Argo International from CNA Europe, where she was Director of Claims for four years. Prior to that, Ms Roberts worked at Chubb Insurance Company of Europe for six years as European Casualty Claims Manager.
In her role at Argo International, Ms Roberts will be responsible for providing effective strategic, operational and technical leadership on all claims matters.
Argo International CEO, Julian Enoizi, said, “As Argo International continues to grow we are committed to attracting the best talent both to our underwriting teams and to our service functions. With over two decades worth of claims experience and extensive knowledge of the Europe markets, we are looking forward to Ruth joining our expanding team.”
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, Reinsurance, and International Specialty. Information on Argo Group and its subsidiaries is available at www.argolimited.com.
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, Ltd. (NASDAQ: AGII), today announces that it has appointed Richard Smart as Deputy Underwriter of its Casualty Division.
Mr Smart joins Argo International from Newline Underwriting Management Ltd, where he was most recently Head of Professional Indemnity, a role he has held for the last five years. In this position, he was responsible for managing an account encompassing both primary and excess business.
He has two decades of industry experience and, prior to Newline, he worked as an underwriter at both Denham Syndicate Management Ltd and BP Theakston & Others.
In his role at Argo International, Mr Smart will assist in the management and development of all lines of business and will be actively engaged in the provision of underwriting, business planning and management of the team.
"Richard has an excellent understanding of the Lloyd’s market and he will make a valuable contribution to the development of our Casualty business,” Argo International CEO Julian Enoizi said. “His appointment is the latest step in the ongoing drive to widen our expertise and enhance our proposition of quality underwriting and service for brokers.”
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, Reinsurance, and International Specialty. Information on Argo Group and its subsidiaries is available at www.argolimited.com.
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, Ltd. (NASDAQ: AGII), today announces that it has extended its platform with the addition of marine cargo to its portfolio. Nick Derrick has been appointed as class underwriter to lead the new business, which will be written within Argo International Syndicate 1200.
Mr. Derrick comes to Argo International from Chubb Insurance Company of Europe, where he has been for 15 years and was most recently international cargo manager. In this role, he was responsible for an international marine cargo portfolio and specialized in oil majors and project cargos. He is currently the deputy chairman of the Joint Cargo Committee.
In his role at Argo International, Mr. Derrick will develop the marine cargo account and recruit specialists within the cargo team.
"We are pleased to continue our growth and development with the addition of a new class of business as well as one of the market’s leading figures to lead it,” Argo International CEO Julian Enoizi said. “This development enables us to further diversify our business, whilst building our specialist offering.”
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, Reinsurance, and International Specialty. Information on Argo Group and its subsidiaries is available at www.argolimited.com.
JULIAN ENOIZI TAKES UP CEO POSITION
Argo Group International Holdings, Ltd. (“Argo Group”, NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Heritage Managing Agency Ltd (“Heritage”) has been renamed Argo Managing Agency Ltd. and will conduct business under the brand name of “Argo International”. This change continues the integration of the London operation which was acquired by Argo Group in June 2008. The renaming coincides with the arrival of Julian Enoizi as Chief Executive Officer who began with Argo International on June 01, 2009.
Argo Group President and Chief Executive Officer Mark E. Watson III said: “The rebranding to Argo International and the arrival of Julian heralds a new stage in the development of our London-based international business and, indeed, the wider group. Julian’s wealth of experience in the development and transformation of businesses will be a great asset to our long-term plans for growth.”
Mr. Enoizi added: “This is an important milestone in the evolution of Argo Group and I look forward to leading the next phase of international development. With the backing of a progressive and growth-orientated parent, we will focus on building our reputation as a well-established London player and capitalise on opportunities within the Group’s expansion plans.”
ABOUT ARGO INTERNATIONAL, FORMERLY HERITAGE
Argo International is a specialist Lloyd’s insurer based in London. Its business is focused on underwriting worldwide property and non-US liability risks.
Heritage also announced the departure of James Sardeson as the director of underwriting, effectively immediately.
“Andrew has done a magnificent job with Argo Re in its first full year of operation, having established a first class management team of underwriters and generating a considerable book of business,” said Mark E. Watson III, president and CEO of Argo Group. “We have seen tremendous success from Andrew’s experience and approach to underwriting. His additional role with Heritage is to help propel that business and leverage the international platform that Argo Group now has in place.”
Prior to joining Argo Group in 2007, Mr. Carrier was with Kiln for 23 years. He was the active underwriter for the Kiln Group's Catastrophe Syndicate 557 at Lloyd's, one of the market's most profitable and highly regarded syndicates. He is a widely respected member of the international insurance sector and was chairman of Lloyd's International Reinsurance Committee. He was a member of the Underwriting Advisory Committee at Lloyd's.
ABOUT HERITAGE MANAGING AGENCY LTD, MEMBER OF ARGO GROUP
Heritage is an established, specialist insurer that underwrites through Lloyd's of London. Its business is focused on underwriting worldwide property and liability risks. The worldwide property unit incorporating personal accident and international property treaty concentrates on underwriting short-tail risks with an emphasis on commercial property.
The liability unit underwrites non-US, professional in
Mr. Enoizi will join Heritage from CNA Financial where he was president and chief executive officer of CNA’s European operations. He will officially take up his new duties later this year.
“Julian’s wealth of management experience in the property and casualty market makes him an excellent choice for this role,” said Heritage Chairman David Spiller. “With his exceptional leadership skills and broad perspective, we have full confidence in his ability to lead Heritage through its next phase of growth and development.”
Mr. Enoizi has been with CNA for the last seven years, joining in 2002 as country manager for France. He was appointed to the position of president and chief executive officer for CNA Europe in 2005. Prior to working at CNA, Mr. Enoizi served in senior executive roles with AIG Europe and Chubb Insurance Company of Europe.
Argo Group’s President and Chief Executive Officer Mark E. Watson III added, “To date, Julian’s successful career has been highlighted by transforming a business, which prior to his leadership posted losses year-after-year, into a well run and attractive player in the European property and casualty market. I am delighted to have him joining our executive team and look forward to what he will bring - not only to Heritage - but to Argo Group as a whole.”
Mr. Enoizi graduated from the University of Birmingham with an LLB (Hons) degree in French Law. He holds a Diplome D’Etudes Juridiques Francaises from the University of Limoges and is fluent in French and Italian. He is active on the international speaking circuit, participating at industry c
Nick Denniston, Heritage's chief financial officer, will assume the position of CEO on an interim basis until a successor is appointed.
David Spiller, chairman of Heritage, said, "We are grateful for the contribution Richard has made in Heritage's growth and development and wish him well in his future pursuits."
ABOUT HERITAGE MANAGING AGENCY LTD, MEMBER OF ARGO GROUP
Heritage is an established, specialist insurer that underwrites through Lloyd's of London. Its business is focused on underwriting worldwide property and liability risks. The worldwide property unit incorporating personal accident and international property treaty concentrates on underwriting short-tail risks with an emphasis on commercial property.
The liability unit underwrites non-US, professional indemnity, financial institutions and directors and officers liability insurance and US specialty classes.
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Headquartered in Hamilton, Bermuda, Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, Reinsurance, and International Specialty. Information on Argo Group and its subsidiaries is available at www.argolimited.com.
FORWARD-LOOKING STATEMENTS
This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Sec