Argo launches new reporting structure for the Americas

Argo launches new reporting structure for the Americas | Insurance Business

Argo launches new reporting structure for the Americas

Argo Group International Holdings has announced the establishment of a new reporting structure. The new structure will be led by newly appointed executive vice presidents, who will report to Kevin Rehnberg, president, group chief administrative officer and head of the Americas for Argo.

“The new structure focuses on maintaining operational excellence and providing additional senior leadership for Argo’s growing, profitable Americas businesses, all of which continue to improve processes, reduce expenses and put the right people in the right roles,” Rehnberg said. “These changes will also help us accelerate the overarching digital transformation of the entire organization by helping me focus more time on operations companywide.”

The new executive vice presidents and their initial portfolio assignments include:

Gary Grose currently serves as Argo Group’s producer management and marketing leader and head of Colony Specialty. Grose has been with Argo for six years, and has deep industry experience in E&S lines and producer management. Grose will oversee the following businesses:

  • Contract
  • Property
  • Environmental
  • Inland marine
  • Transportation

Tim Carter has joined Argo from AIG’s commercial insurance segment, where he served as president of portfolio solutions and chief underwriting officer. Carter has also held chief underwriting officer roles at Zurich in its North America and Europe divisions. Carter will be responsible for US underwriting as well as:

  • Surety
  • Programs – risk bearing
  • Programs – alternative risk solutions
  • Trident Public Risk Solutions
  • Argo Construction

The third executive vice president, to be announced later this year, will oversee US claims as well as the following:

  • Casualty
  • Argo Pro
  • Argo Insurance
  • Rockwood
  • Cyber

Leadership roles within each business unit have not changed, Argo said. As markets evolve, the company will rotate its business units among the three executive vice presidents to expose each to all parts of the US business.

“The EVP level creates a talent pool for filling senior executive positions in the future and promotion opportunities for business unit-level leaders,” Rehnberg said.