NEW YORK, NY, April 29, 2013 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced that its principal underwriting agency subsidiary, Navigators Management Company, Inc. (NMC), has named Henry A. Lopez as President of the Professional Liability unit of Navigators Specialty. Mr. Lopez will be responsible for the portfolio of professional liability products, reporting to Jeff L. Saunders, President of Navigators Specialty. He will be based in the Company's Chicago office.
The Professional Liability unit will continue to underwrite Navigators' existing E&O products, while expanding into opportunistic niche areas and broadening product opportunities for its wholesale partners.
Mr. Lopez most recently served as Zonal Vice President for the U.S. western & central zones of Navigators Management Company, Inc. Prior to joining Navigators in March 2011, he held various leadership positions with the Markel Corporation. Mr. Lopez is also an active committee member of both the National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) and Professional Liability Underwriting Society (PLUS).Mr. Saunders commented, "We are excited to launch the Professional Liability unit within Navigators Specialty and pleased to promote Henry into this important leadership position. His knowledge and experience in the professional lines are comprehensive, and his strong relationships within the wholesale insurance community will bring a strong presence to our existing business. We are confident that Henry will continue to strengthen our culture of underwriting excellence and specialization within the professional liability arena." Vincent C. Tizzio, President and CEO of Navigators Management Company, Inc., commented, "We are pleased to announce the expansion of Navigators Specialty into professional liability and the fact that Henry Lopez is leading this exciting new unit. We are proud of the depth and strength of our underwriting team and believe in the capability of our people to take on new endeavors. Henry's background in professional liability and his many contributions since joining Navigators will serve him well in this important new endeavor."