NEW YORK, NY, Aug. 9, 2012 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) announced today that
its principal underwriting agency subsidiary, Navigators
Management Company, Inc. (NMC), has expanded its commercial surety
unit to be led by industry veteran Helen A. Lally. Ms. Lally's team
will be based in Seattle, Washington, focusing on transactional,
account and program business throughout the country.
"We are pleased to welcome Helen," said Michael L. Civisca,
Chief Operating Officer of NMC. "She is an established leader in
the field of commercial surety. We believe her track record of
solid underwriting results and deep relationships in the
marketplace will be an invaluable asset as we continue to build
this specialty niche."
Prior to joining Navigators, Ms. Lally was head of commercial
surety at Great American Insurance Company. She is a graduate of
the University of Washington (B.A., Business Administration).
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 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.
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Source: The Navigators Group, Inc.