Initial Focus Will Be on Hong Kong and North Asia

LONDON, Jan 5 (Bernama-GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG), a global specialty insurer and reinsurer, announced today the appointment of a leadership team in Asia. Jon Doherty has been appointed as Managing Director of Asia; Sang Kyoun (S.K.) Kim as Chief Underwriting Officer; and Paul D’Souza as Chief Operating Officer/Chief Financial Officer for the region. 

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The team will be based in Hong Kong pending completion of any required applications. These hires build upon Navigators’ existing participation in Lloyd’s China, where the company has operated since 2010 under the leadership of Junci Wu. Their initial focus will be on providing Navigators’ marine, casualty and other specialty products through agents and brokers as well as strategic partners across North Asia.

“Jon, S.K. and Paul all have a wealth of insurance experience in the region,” said Michael J. Casella, Navigators’ President of International Insurance. “Their in-depth knowledge of the Asian marketplace and strong long-term relationships will support a thoughtfully executed expansion of our business in Asia.”

Jon Doherty will serve as Managing Director of Asia and be responsible for overseeing all activities in the region. Mr. Doherty has nearly 30 years of experience in the insurance industry and was with Chubb Group of Insurance Companies for more than 20 years. He served most recently as Strategic Marketing Manager of the Asia-Pacific Zone.

As Chief Underwriting Officer in Asia, S.K. Kim will be responsible for all underwriting activities in the region. Mr. Kim has worked in the industry for more than 25 years, the majority of which he spent at Chubb Group of Insurance Companies. Most recently he served as Chubb’s Korea Branch Deputy Representative.
Paul D’Souza brings 20 years of international experience in finance to the Chief Operating Officer/Chief Financial Officer role. Previously, Mr. D’Souza was Senior Vice President and Chief Financial Officer, Asia-Pacific Zone at the Chubb Group of Insurance Companies.

About Navigators
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations and underwriting management companies, including operations at Lloyd’s. Navigators has offices in the United States, the United Kingdom and Continental Europe, as well as a representative office in China.

SOURCE : The Navigators Group, Inc.

CONTACT:
Courtney Oldrin
coldrin@navg.com
+1 203 905 6531

--BERNAMA