Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance products, today announced the appointment of Robert Katzman as chief actuary reporting to Argo Group Chief Financial Officer Jay Bullock.
“Bob has a great depth of actuarial experience with a strong understanding of global risk management trends and best practices,” said Bullock. “He has demonstrated a commitment to quality and leadership throughout his career. We are pleased to have Bob join our organization.”
In this position, Katzman assumes responsibility for guiding the development and execution of the company’s global actuarial function, including pricing, reserving, reinsurance analysis, planning, modeling, research, predictive analytics and digitalization.
Argo Group’s former Chief Actuary, Michael Fusco, recently announced plans to retire after more than 40 years in the insurance industry. “We are grateful for the contributions Mike has made to the organization and wish him the best in the future,” said Bullock.
Katzman joins Argo Group from American International Group, Inc. (AIG) where he served as the head of global casualty pricing and analytics. Leading a team of more than 100 actuaries, Katzman was actively involved with AIG’s initiative to transform casualty pricing operations and establish benchmark pricing, including work to incorporate predictive analytics and refine pricing models.
Prior to joining AIG in 2013, Katzman served in several senior roles with Travelers, Crum & Forster and Reliance National Insurance Company. He has a bachelor’s degree in mathematics and psychology from Union College.
About Argo Group
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Through its operating subsidiaries, Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Argo Group’s worldwide insurance subsidiaries are rated ‘A’ (Excellent) by A.M. Best with a stable outlook and its U.S. insurance subsidiaries are rated ‘A-’ (Strong) by Standard & Poor’s with a stable outlook. For more information, visit www.argolimited.com or follow us on LinkedIn (http://ow.ly/Oe6fK) and on Twitter at @Argo_Group.
Rebecca Kelley, 210-321-8547