CHICAGO – July 8, 2021 – Argo Group International Holdings, Ltd. (NYSE: ARGO), an underwriter of specialty insurance, today announced that Mary Henderson has been promoted to president of Argo Pro and Rich Fachet has been promoted to senior vice president, head of financial institutions (Henderson’s prior role). Henderson will report to Gary Grose, executive vice president, Argo Group U.S. Operations.
“Mary has a tremendous track record leading Argo Pro’s Financial Institutions team. She has an exceptional background and is well regarded within the business,” said Grose. “I am confident she will continue the strong growth and partnership we have seen throughout the professional lines business.”
With more than 25 years of experience in the insurance industry, Henderson joined Argo from Travelers Companies, where she spent 14 years serving in several roles, including regional vice president. Prior to working at Travelers, she was assistant vice president, financial and professional insurance broker, at Marsh & McLennan Companies. Henderson graduated from the Catholic University of America with a Bachelor of Arts degree.
“Rich’s promotion is also well deserved,” add Grose. “He’s a proven leader and will continue to advance the evolution and growth of our financial lines business.”
Fachet joined Argo in 2018 as vice president of financial institutions. Prior to Argo, he was at Travelers for 17 years, beginning as an underwriter and moving up through several roles – ultimately serving as vice president, asset management professional liability. Fachet started in the industry working in claims at AIG. He has a bachelor’s degree in business management from Providence College.
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD.
Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO), is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries are rated “A-” by Standard & Poor’s. Argo’s insurance subsidiaries are rated “A-” by AM Best. More information on Argo and its subsidiaries is available at argogroup.com.
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