Navigators Launches Lloyd’s-Based International Casualty Unit

February 19, 2015

The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of liability solutions across three main product lines: General Liability, Environmental Impairment Liability, and Life Sciences.”

The announcement also noted that “Wayne Harrington has joined Navigators as Head of International Casualty and will be located in the Company’s London office. He has a background in environmental and liability solutions, and more than 18 years of experience in the London insurance arena. “Harrington has been instrumental in raising awareness of environmental risks with brokers, clients and insurers while developing innovative products and distribution to satisfy increased demand,” the announcement added.
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“We are pleased to establish our first casualty underwriting unit focused on business outside the United States,” said Company President and CEO Stan Galanski; adding that Harrington’s “background in specialty casualty fits perfectly with our goal to expand our existing product capabilities into new international markets.”

Carl Bach, III, President of the Company’s International NavPro and Casualty division, said the company plans “to build upon the success we’ve experienced in specialty and casualty product lines, such as environmental, life sciences, excess casualty. We are delighted to have Wayne aboard to lead the expansion of this core product offering on both a primary and excess basis.”

Harrington said he sees “tremendous potential for Navigators in the international casualty market.”

Source: Navigators Group, Inc.

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