Navigators Moves Headquarters To Stamford, Connecticut

NEW YORK, NY, Sept. 3, 2013 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG), an internationalcommercial property & casualty specialty insurance holdingcompany, announced today that it has relocated  its corporateheadquarters to 400 Atlantic Street in Stamford, CT from itsprevious Rye Brook, NY location.

"We are very excited and optimistic as we enter the next phaseof our corporate growth following the relocation of ourheadquarters to Stamford," said Stanley A. Galanski, President andChief Executive Officer of The Navigators Group, Inc. "We believethat the vibrant business community in Stamford and the growinginsurance component of that community create the right environmentfor our headquarters, along with the advantages of Stamford'stransportation hub and plentiful support services. When we began toevaluate our options and entered into discussion with the State ofConnecticut, we were very impressed not only with the financialincentives offered to us, but by the personal involvement ofConnecticut Governor Dan Malloy, Insurance Commissioner TomLeonardi and Economic Development Commissioner Catherine Smith.They made it very clear that they felt Navigators to be anattractive, growth-oriented company they wanted to bring to theirstate. They succeeded in making a compelling case for us to makethe move to Connecticut and become a vital part of the state'sworld-leading insurance marketplace. We look forward to growing ourpresence in Connecticut and to being an active participant in thelocal community."

The Navigators Group, Inc. is an international specialtyinsurance holding company with insurance company operations,underwriting management companies, and operations at Lloyd's. Withits corporate headquarters in Connecticut and insuranceoperations based in New York and London, Navigators has offices inmajor insurance centers in the United States, the UnitedKingdom and Continental 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 adescription of Navigators' business and the important factors thatmay affect that business. Navigators undertakes no obligation topublicly update or revise any forward-looking statement.
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