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Christopher Duca has been promoted to president and chief executive officer of NMC, reporting to Stanley Adam Galanski, who will serve as chairman of NMC and will continue to serve as president and CEO of the Navigators Group Inc. and the insurance company subsidiaries.
Duca joined the company in 2001 and has been responsible for NMC's management liability, professional liability and casualty business. He will continue to maintain direct responsibility for Navigators' global management and professional liability business, and for specialty casualty business.
Lori Ann Lowery, formerly the president of Lloyd's Inc. North America, has joined Navigators in the newly created position as president of field operations. Lowery, who resigned from Lloyd's in July after a little more than a year on the job, has 22 years of experience including executive positions at Wells Fargo Insurance Services and Marsh. She will be responsible for NMC's marketing, sales, distribution management and overall oversight of U.S. regional management across all product lines, reporting to Michael Civisca, who's been promoted to executive vice president and chief operating officer of NMC.
Civisco, who will report to Duca, has been with the company since 1987, and was most recently responsible for the marine, energy, inland marine and commercial multiperil business of NMC.
Also, Ed Helfers has been named president of NMC's Marine Division, reporting to Civisca. Helfers joined the company in 2006 to form the inland marine division, which he will continue to manage.
Earlier this year, New York-based Navigators created a London-based unit, Navigators Technical Risk, to coordinate the underwriting of both onshore and offshore energy risk, plus engineering and construction risk (BestWire, Feb. 2, 2009).
Navigators Insurance Group (NASDAQ: NAVG | Quote | Chart | News | PowerRating) currently has a Best's Financial Strength Rating of A (Excellent). The company's stock was trading at $52.49 midday on Sept. 18, up 0.06% from the previous close.
(By Meg Green, senior associate editor, BestWeek: Meg.Green@ambest.com)
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