Argo expands US team with CUO and CCO appointments

Bermuda-based re/insurer Argo has appointed Frank Mike-Mayer as chief underwriting officer (CUO) and Mark Wade as chief claims officer (CCO), both serving as key executives for the company’s US operations.

In the role of CUO, Mike-Mayer is responsible for guiding the development and execution of Argo Group US’ underwriting strategies and policies supporting retention, growth, and profitability of the company’s total portfolio of businesses.

Serving as CCO, Wade is responsible for the overall strategic direction, executive leadership and management of Argo Group US claims operations, focusing on the consistent execution of claims functions and operational excellence.

Mike-Mayer joins Argo from AIG commercial where he served as head of technical underwriting. Prior to joining AIG Commercial in 2012, Mike-Mayer served in several senior roles with Zurich North America, ACE and Reliance National.

Wade joins the re/insurer following his role as appointed executive director of the New York State Workers’ Compensation Board. Prior to his appointment, Wade served as deputy superintendent for property and casualty insurance at New York State’s Department of Financial Services.

Before entering public service in 2014, Wade served in several senior roles with Arch Insurance Group, Zurich North America, and Marsh USA.

“Frank and Mark are experienced leaders representing a broad range of underwriting, claims and management expertise with proven track records of supporting operational excellence, improving profitability and executing key strategies and priorities,” said Kevin Rehnberg, president, Argo Group US. “We are pleased this top talent is joining our organisation.”