Argo Group Hires Jose A. Hernandez as Head of International Businesses & Appoints David Harris as Head of Performance for the...
29 September 2016 - 10:37PM
Business Wire
Argo Group International Holdings, Ltd. (NASDAQ: AGII), an
international underwriter of specialty insurance and reinsurance
products, today announced the appointment of Jose A. Hernandez to
lead the company’s international business, which includes all
insurance and reinsurance operations outside of the U.S. The
appointment of Hernandez is effective October 3.
“Argo Group has arrived at a critical point in its growth as a
global specialty insurance business,” said Chief Executive Officer
Mark E. Watson III. “We’ve established a solid Bermuda platform, a
thriving Syndicate at Lloyd’s, and gained local presence in key
European, South American, Middle Eastern and Asian markets. We now
have everything we need to drive international business with
confidence, and Jose has the talent to help us do just that.
“Jose’s skill in leading and growing international business
aligns fully with our ambitions. We’re delighted to have him on the
team,” said Watson.
Hernandez joins Argo from American International Group where he
most recently served as President and Chief Executive Officer of
AIG’s Asia Pacific region, including 16 countries and
jurisdictions, with more than 22,000 employees serving more than 10
million customers. “Argo Group has built an impressive
international platform,” said Hernandez. “I’m looking forward to
joining this first-rate team and continuing the company’s strategic
growth around the world.”
With almost 30 years of industry experience, Hernandez started
his career working for several insurers in the U.S. and abroad. He
went on to spend more than 20 years with AIG in a number of senior
leadership roles in both the consumer and commercial segments. He
has expertise in field operations, distribution, underwriting,
claims, strategic planning and management. Over the course of his
career, Hernandez has held country (Mexico), regional (Asia) and
global (New York corporate headquarters) roles.
Argo to establish new head of performance position
As a part of this change, David Harris, managing director of
ArgoGlobal Syndicate 1200 will begin transitioning into a new
group-level role, head of performance. He will report directly to
Argo Group CEO, Mark Watson, with specific accountability for
performance management.
“Like many of our executive team members, David has
simultaneously fulfilled multiple roles across the organization –
not only transforming and building on our Lloyd’s syndicate, but
also leading enterprise-wide efforts to simplify operations and
increase our overall efficiency,” added Watson. “Over the past 18
months, we have enhanced our leadership team with additional
top-tier talent. We’re now in a position to enable some of our
leaders to take on larger, more focused roles.
“I’m pleased David has accepted this new challenge. This move
will enable us to leverage David’s talents more broadly across the
enterprise – ultimately improving the organization for employees
and customers alike.”
Harris will stay on as ArgoGlobal managing director until his
successor is in place to ensure a smooth transition. “It has been a
privilege to lead the syndicate over the last few years,” said
Harris. “We have now reached a point in our development where Jose
will bring together our platforms around the world and drive the
international operations to the next level. I am delighted to be
working with Mark at a group level on the execution of our
strategic objectives.”
About Argo Group
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is
an international underwriter of specialty insurance and reinsurance
products in the property and casualty market. Through its operating
subsidiaries, Argo Group offers a full line of products and
services designed to meet the unique coverage and claims handling
needs of businesses in four primary segments: Excess & Surplus
Lines, Commercial Specialty, International Specialty and Syndicate
1200. Argo Group’s worldwide insurance subsidiaries are rated ‘A’
(Excellent) by A.M. Best with a stable outlook and its U.S.
insurance subsidiaries are rated ‘A-’ (Strong) by Standard &
Poor’s with a stable outlook. For more information,
visit www.argolimited.com or follow us on LinkedIn
(http://ow.ly/Oe6fK) and on Twitter at @Argo_Group.
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Haggie PartnersPeter Rigby or Brian Norris, +44 (0)20 7562
4444orArgo Group International Holdings, Ltd.Ashley Heline,
+1-210-366-5613U.S. Media
Relationsashley.heline@argogroupus.com
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