HAMILTON, Bermuda–(BUSINESS WIRE)– Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance products, today announced the appointments of Frank Mike-Mayer as chief underwriting officer and Mark Wade as chief claims officer, both serving as key executives for the company’s U.S. operations.
“Frank and Mark are experienced leaders representing a broad range of underwriting, claims and management expertise with proven track records of supporting operational excellence, improving profitability and executing key strategies and priorities,” said Argo Group U.S. president, Kevin Rehnberg. “We are pleased this top talent is joining our organization.”
In the role of Chief Underwriting Officer, Mike-Mayer is responsible for guiding the development and execution of Argo Group U.S. underwriting strategies and policies supporting retention, growth, and profitability of the company’s total portfolio of businesses.
Serving as Chief Claims Officer, Wade is responsible for the overall strategic direction, executive leadership and management of Argo Group U.S. claims operations, focusing on the consistent execution of claims functions and operational excellence. Wade will also partner with senior executives in formulating both strategic plans and policies to consistently meet the claims-handling needs of Argo Group’s clients and policyholders.
Mike-Mayer joins Argo Group from AIG Commercial where he served as head of technical underwriting, responsible for driving key global underwriting excellence strategies, developing and implementing global underwriting standards, and establishing a more consistent and robust risk selection framework for underwriters.
Prior to joining AIG Commercial in 2012, Mike-Mayer served in several senior roles with Zurich North America, ACE and Reliance National. He holds an MBA in statistics and actuarial science from the Stern School of Business at New York University.
Wade joins Argo Group following his role as appointed executive director of the New York State Workers’ Compensation Board. Prior to his appointment, Wade served as deputy superintendent for property and casualty insurance at New York State’s Department of Financial Services. Before entering public service in 2014, Wade served in several senior roles with Arch Insurance Group, Zurich North America, and Marsh USA. He began his industry career with Chubb, where he handled directors and officers claims. Wade is a graduate of Georgetown University and the University of Pittsburgh School of Law and is admitted to the New York and Pennsylvania State Bars.
About Argo Group
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Through its operating subsidiaries, 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 worldwide insurance subsidiaries are rated ‘A’ (Excellent) by A.M. Best with a stable outlook and its U.S. insurance subsidiaries are rated ‘A-’ (Strong) by Standard & Poor’s with a stable outlook. For more information, visit www.argolimited.com or follow us on LinkedIn (http://ow.ly/Oe6fK) and on Twitter at @Argo_Group.
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Argo Group International Holdings, Ltd.
Rebecca Kelley, 210-321-8547
Source: Argo Group International Holdings, Ltd.