STAMFORD, Conn., Aug. 25, 2016 (GLOBE NEWSWIRE) — The Navigators Group, Inc. (NASDAQ:NAVG) today announced a restructured leadership team for its global claims organization, effective September 1, 2016.
Glen Bronstein has been promoted to the newly created role of Global Chief Claims Officer. Mr. Bronstein joined Navigators to lead the U.S. claims organization in May 2013 and has held the role since. Mr. Bronstein will now have oversight responsibility for the global claims organization, encompassing the claims operations of the Company’s three global underwriting segments. Prior to joining Navigators, Mr. Bronstein worked at American International Group for 19 years where he served in a variety of executive positions. Mr. Bronstein has an undergraduate degree from Skidmore College, with a B.A. in Government, and earned a J.D. from Syracuse University College of Law.
In the U.S. Insurance segment, Marina Barg has been promoted to Chief Claims Officer for U.S. Insurance, succeeding Mr. Bronstein. Ms. Barg joined Navigators in January 2014 as the leader of the U.S. casualty claims unit, overseeing the claims of the largest U.S. underwriting division. Ms. Barg has an undergraduate degree from the Johns Hopkins University, with a B.A. in International Studies, and a J.D. (Magna Cum Laude) from the Seton Hall Law School.
Within the International Insurance segment, Ruth Roberts continues to be the Chief Claims Officer for claims arising out of the Company’s London Market business. Ms. Roberts has been with Navigators since 2011. In addition in the International Segment, Michael Phipps joined Navigators on August 22, 2016 as Claims Manager for Navigators International Insurance Company, the Company’s recently authorized U.K. domiciled insurance company. Mr. Phipps previously worked at Chubb in a variety of claims management roles in the United Kingdom, Australia and Asia. He is based in London.
Commenting on the announcement, Stanley Galanski, President and Chief Executive Officer of The Navigators Group, Inc., stated, “We are excited to announce this leadership team for our global claims organization. The claims settlement process represents the most critical touchpoint in our relationship with our policyholders and provides an opportunity to create a distinctive competitive advantage. We are proud of our technically-excellent team and customer-oriented approach. A global leader will enhance our ability to provide consistently excellent outcomes across geographic borders, which is important to meet the dynamic needs of our global customers.”
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd’s. Navigators has offices in the United States, the United Kingdom and Continental Europe, as well as representative offices in China and Brazil. For more information about The Navigators Group, Inc., please visit our web site at www.navg.com.
This press release may contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Whenever used in this release, the words “estimate,” “expect,” “believe,” “may,” “will,” “intend,” “continue” or similar expressions are intended to identify such forward-looking statements. We cannot assure that results that we anticipate will be achieved, since results may differ materially because of known and unknown risks and uncertainties that we face. Please refer to Navigators’ most recent Forms 10-K and 10-Q and its other filings with the Securities and Exchange Commission for a description of Navigators’ business and the important factors that may affect that business. Navigators undertakes no obligation to publicly update or revise any forward-looking statement.
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