12/12/2012 | Press release

Navigators Announces Executive Changes

distributed by noodls on 12/12/2012 09:27

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NEW YORK, NY, Dec. 12, 2012 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced several executive changes.

LoriAnn V. Lowery-Biggers has been named Chief Marketing Officer of The Navigators Group, Inc. In this newly created role, she will be responsible for the Group's global marketing strategy and brand management, reporting to Stanley A. Galanski, President and Chief Executive Officer of The Navigators Group, Inc.  Most recently, Ms. Lowery-Biggers had served as President of Field Operations for the U.S. insurance operations.

Within Navigators Management Company, Inc., the Group's principle U.S. insurance underwriting operation:

• Steven R. Kuuskvere has been named President of the U.S. Management Liability division of Navigators Pro. He replaces Christopher C. Duca, who will leave the Company in January 2013 to pursue other interests. Both Mr. Duca and Mr. Kuuskvere joined Navigators in September 2001 to launch Navigators Pro.
• Michael L. Civisca, Chief Operating Officer of Navigators Management Company, Inc., will leave the Company at year end to pursue other interests.
• Peter A. Burns has joined the Company as President of the Excess Casualty unit of Navigators Commercial. Mr. Burns has held a variety of underwriting and claims positions within the industry, most recently with ACE USA
• Thomas B. Kuchinic has been promoted to Senior Vice President and Practice Leader of the Environmental Casualty unit, also within Navigators Commercial.

Commenting on these changes, Mr. Galanski said, "We are grateful to both Chris and Mike for their contributions to the growth of Navigators over the years and wish them well in their future endeavors. We are pleased to announce these promotions and the addition of Peter to our team, and we wish them success with their new responsibilities."

The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's. Headquartered in New York, Navigators has offices in major insurance centers in the United States, the United Kingdom and Continental Europe.

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.

A file accompanying this release is available at:
http://media.globenewswire.com/cache/13071/file/17189.pdf

Source: The Navigators Group, Inc.

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