4 December 2017Insurance

Navigators enters Spain with key hire from WR Berkley

Navigators International, an underwriting segment of Navigators Group, has opened a new office in Madrid, Spain and appointed Carlos Peña Kaiser as country manager.

The move is part of the company’s growth strategy to expand its speciality insurance expertise to new geographic markets, it said.

The business will focus on serving companies domiciled in Spain, using its newly capitalised retail insurer, Navigators International Insurance Company.

Kaiser joins Navigators from WR Berkley, where he was head of underwriting and middle market operations. Previously, he spent nearly 15 years with Chubb, most recently serving as general manager of Spain. His experience includes overseeing underwriting operations across Southern Europe.

"Carlos is uniquely qualified to lead Navigators’ entry into Spain, as he has extensive insight into the specialty insurance landscape in the region and deep knowledge of the sophisticated solutions that our clients depend on us to deliver," said Guillaume Déal, managing director, Continental Europe.

"We now have five branches across the Continent of Europe. This broad network, coupled with our strategic relationship in the Nordic region, allows us to share our technical expertise and local knowledge with a growing number of brokers and companies in the region."

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More on this story

24 January 2018   The chief executive of Navigators says he sees great potential for expansion in the European retail market for its specialty products.
8 January 2018   US insurer WR Berkley Corporation has appointed David Lockhart as president of Gemini Transportation Underwriters, a Berkley company. Lockhart succeeds Rocco Modafferi, who has been named chairman of Gemini.
16 January 2018   Navigators Management (UK) and Thomas Miller Specialty have entered into exclusive discussions under which Thomas Miller Specialty would acquire Navigators’ fixed-premium protection and indemnity business.