NEW YORK, NY, Oct. 24, 2011 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Kevin P. Neumann has joined Navigators as Southwest Regional Vice President. Mr. Neumann will be located in Navigators’ Houston office where he will be responsible for leading the Company’s direct insurance operations throughout the region.
"Texas leads the national average in economic growth and we’re pleased to have Kevin join our team," said LoriAnn V. Lowery-Biggers, President of Field Operations. "His long-standing relationships and tremendous underwriting experience and knowledge--in particular of the energy sector--will be a significant addition to our regional-based strategic platform for profitable growth, leveraging our 35-year history of providing innovative insurance solutions to the growing Texas marketplace."
Mr. Neumann has 22 years of industry experience and was most recently Vice President of Chartis Global Energy Casualty. The Southwest region for which he will have responsibility includes Arkansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.
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.