7 August 2018Insurance

Argo appoints former Allied World CFO to board

Bermuda-based underwriter of specialty insurance and reinsurance Argo Group International Holdings has appointed Thomas Bradley to its board of directors.

Bradley retired from Allied World Assurance Company Holdings in July 2017, where he served as chief financial officer and executive vice president since 2012.

Argo Group chairman Gary Woods, said: “As we continue to build shareholder value, it is critical to have the right board in place. Tom’s strong leadership and admirable history as an executive and leader of companies listed on the NYSE makes him a great addition to the board. The knowledge he brings to our board of directors and leadership team will be pivotal in assessing and improving Argo Group’s financial structure and performance as we make the most of our position as a NYSE-listed company.”

Argo Group CEO Mark Watson III, added: “Risks are now emerging with increasing speed and variety, and companies in our industry must look into the future with even greater focus. Tom is a financial expert whose strategic insights – gained over the course of a diverse and successful career – will be invaluable to Argo Group as we identify and adapt to these new risks and continue to evolve as a leading specialty underwriter.”

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More on this story

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7 August 2018   Bermuda-based Argo Group grew its US operations by 12.3 percent year on year to $410.0 million in the second quarter of 2018.
Insurance
20 August 2018   S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.
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28 August 2018   Specialty re/insurer Argo Group International Holdings has appointed Marsh Duncan to serve as senior vice president US specialty programmes.