VIEWS: 17 PAGES: 2 CATEGORY: Press Releases POSTED ON: 3/17/2010
NEW YORK--(EON: Enhanced Online News)--Argo Group Appoints Head of Excess & Surplus Lines Segment a style='font-size: 10px; color: maroon;' href='http://www.pheedcontent.com/hostedMorselClick.php?hfmm=
Levinson to Head Argo Group’s Excess & Surplus Lines Unit March 17, 2010 06:07 PM Eastern Daylight Time NEW YORK--(EON: Enhanced Online News)--Argo Group US, a subsidiary of Argo Group International Holdings, Ltd. (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Louis Levinson has been appointed president of the group’s E&S segment, overseeing the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He will be based in Argo Group’s New York office and will take up his new responsibilities on April 6th. Mr. Levinson will join Argo Group US from ACE Westchester where he was president of the nationwide casualty operations. “Lou’s depth of experience and proven ability in the US casualty market will be valuable additions to Argo Group,” said Mark E. Watson III, president and chief executive officer of Argo Group International Holdings, Ltd. “The E&S segment is a core part of our specialty franchise and while the marketplace has been challenged recently, we look forward to Lou’s leadership to help create maximum value from the market presence we have developed.” Mr. Levinson will report to the head of Argo Group US which, in the interim, is a position being filled by Mr. Watson. Mr. Levinson has been with ACE Westchester for the last nine years, joining in 2001 as senior vice president of casualty. He was appointed to the position of president of ACE Westchester in 2005. Prior to working at ACE, Mr. Levinson served in senior sales and marketing roles with Fireman’s Fund Insurance Company and Chubb Group of Insurance Companies. ABOUT ARGO GROUP’S EXCESS AND SURPLUS LINES UNIT One of the leading US-based excess and surplus lines carriers, Argo Group’s E&S unit offers coverage for a broad range of risks that fall outside of the standard insurance market’s portfolio. The unit is comprised of three operating divisions: Colony, Argonaut Specialty and Argo Pro. The product lines offered include binding authority; brokerage property and casualty; primary general liability; excess and umbrella coverage; healthcare; social services; professional liability; and environmental risks. These products are offered through an efficient nationwide network of appointed specialty agents and 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. FORWARD-LOOKING STATEMENTS This press release contains certain statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are qualified by the inherent risks and uncertainties surrounding future expectations generally and also may materially differ from actual future experience involving any one or more of such statements. For a more detailed discussion of such risks and uncertainties, see Argo Group's filings with the SEC. The inclusion of a forward-looking statement herein should not be regarded as a representation by Argo Group that Argo Group's objectives will be achieved. Argo Group undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Argo Group International Holdings, Ltd. John Narraway, 441-278-3704 VP, Corporate Marketing Communications Permalink: http://eon.businesswire.com/news/eon/20100317006852/en
"Levinson to Head Argo Group’s Excess & Surplus Lines Unit"