Navigators Expands Commercial Surety

NEW YORK, NY, Aug. 9, 2012 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) announced today thatits principal underwriting agency subsidiary, NavigatorsManagement Company, Inc. (NMC), has expanded its commercial suretyunit to be led by industry veteran Helen A. Lally. Ms. Lally's teamwill 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 inthe field of commercial surety. We believe her track record ofsolid underwriting results and deep relationships in themarketplace will be an invaluable asset as we continue to buildthis specialty niche."

Prior to joining Navigators, Ms. Lally was head of commercialsurety at Great American Insurance Company. She is a graduate ofthe University of Washington (B.A., Business Administration).

The Navigators Group, Inc. is an international specialtyinsurance holding company with insurance company operations,underwriting management companies, and operations at Lloyd'sof London. Headquartered in New York, Navigators hasoffices in major insurance centers in the United States,the United Kingdom and Continental Europe.

This press release may contain "forward-lookingstatements" as defined in the Private Securities Litigation ReformAct of 1995. Whenever used in this release, the words "estimate,""expect," "believe," "may," "will," "intend," "continue" or similarexpressions are intended to identify such forward-lookingstatements. We cannot assure that results that we anticipate willbe achieved, since results may differ materially because of knownand unknown risks and uncertainties that we face. Please refer toNavigators' most recent Forms 10-K and 10-Q and its other filingswith the Securities and Exchange Commission for adescription of Navigators' business and the important factors thatmay affect that business. Navigators undertakes no obligation topublicly update or revise any forward-looking statement.
CONTACT: Business Inquiries:         Helen Lally         (206) 443-8564         hlally@navg.com                   Media Inquiries:         Taha Ebrahimi         914-933-6209         tebrahimi@navg.com                  www.navg.com

The Navigators Group, Inc. Logo

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX