HAMILTON, Bermuda – September 21, 2016 – Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance products, today announced the appointment of Bart Schaffer to lead U.S. commercial programs reporting to Andy Borst, president of U.S. Specialty Programs.
“Bart is an exceptional leader and we are very pleased he is taking on this new responsibility within Argo Group,” said Borst. “With his appointment, we are now well placed to further develop the U.S. Specialty Programs business.”
Prior to this role, Schaffer served as head of binding operations within Argo Group’s Colony Specialty company. Schaffer joined Colony Specialty in 2007 as regional vice president of marketing. During his time at Colony, he also served as national vice president of marketing for Colony Specialty and Argo Pro, senior vice president of marketing and underwriting for the transportation division. Prior to joining Colony, Schaffer spent 15 years with Grocers Insurance as an underwriter, direct agent, branch manager and regional manager.
Schaffer has a bachelor’s degree in business administration from University of Oregon and a master’s degree in business administration from University of Texas at Arlington. Schaffer also earned a Chartered Property & Casualty Underwriter (CPCU) designation.
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD
Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. 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 insurance subsidiaries are A. M. Best-rated ‘A’ (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo’s U.S. insurance subsidiaries are Standard and Poor’s-rated ‘A-‘ (Strong) with a stable outlook. More information on Argo Group and its subsidiaries is available at www.argolimited.com.
