NEW YORK, NY, July 6, 2012 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced the
hiring of Vincent C. Tizzio as President and Chief Executive
Officer of Navigators Management Company, Inc., its principal U.S.
underwriting agency subsidiary. Mr. Tizzio will join the Company on
July 16 and will be responsible for its U.S. insurance underwriting
operations, reporting to Stanley A. Galanski, President and Chief
Executive Officer of The Navigators Group, Inc.
Mr. Tizzio most recently served as Executive Vice President of
Zurich North America. He was responsible for the Commercial Markets
organization, its business operations in Canada, and the customer
and industry group practices. Previous to that role, he held
various underwriting management positions with American
Mr. Galanski commented, "We are delighted to have Vince join our
executive team. His track record of accomplishment in building
profitable businesses and personal leadership qualities are well
established. We are confident he will enhance our culture of
underwriting excellence, specialization and financial
"I look forward to contributing to the growth of shareholder
value by expanding our profitable specialty insurance business,"
commented Mr. Tizzio. "Navigators' brand reflects underwriting
integrity, professionalism and expertise. We look forward to
further developing the brand through additional products and
The Navigators Group, Inc. is an international specialty
insurance holding company with insurance company operations,
underwriting management companies, and operations at Lloyd's of
London. Headquartered in New York, Navigators has offices in major
insurance centers in the United States, the United Kingdom and
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.
CONTACT: Taha Ebrahimi
Source: The Navigators Group, Inc.