NEW YORK, NY, July 15, 2013 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) today announcedthat its principal underwriting agency subsidiary, NavigatorsManagement Company, Inc. (NMC), has named Timothy D. Ryanas President of the Excess Casualty unit of Navigators Specialty,which focuses exclusively on U.S. wholesale brokers. Prior to joining Navigators, Mr. Ryan was Executive VicePresident & Chief Excess Casualty Officer at Aspen Insurance.He has also served in various leadership positions with CarolinaCasualty Insurance Company (W.R. Berkley) and General StarManagement Company (General Re). He reports to Jeff L. Saunders,President of Navigators Specialty, who has until now also served asPresident of the Specialty Excess Casualty unit. "Tim's proven casualty expertise, comprehensive knowledge of thewholesale distribution channel, and practiced business disciplineare a strong fit for Navigators' underwriting-focused culture, andwe are pleased to welcome him," commented Mr. Saunders. The Navigators Group, Inc. is an international specialtyinsurance holding company with insurance company operations,underwriting management companies, and operations at Lloyd's.Headquartered in New York, Navigators has offices in majorinsurance centers in the United States, the United Kingdom andContinental Europe. This press release may contain "forward-looking statements" asdefined in the Private Securities Litigation Reform Act 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 a description ofNavigators' business and the important factors that may affect thatbusiness. Navigators undertakes no obligation to publicly update orrevise any forward-looking statement.
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