OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Instagram Outage Disrupts Thousands of U.S. Users 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
LONDON, Jan. 04, 2017 -- The Navigators Group, Inc. (NASDAQ:NAVG), a global specialty insurer and reinsurer, announced today the appointment of a leadership team in Asia. Jon Doherty has been appointed as Managing Director of Asia; Sang Kyoun (S.K.) Kim as Chief Underwriting Officer; and Paul D’Souza as Chief Operating Officer/Chief Financial Officer for the region.
|
|||||||||||||||
Photos accompanying this announcement are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/d55d4ebc-4950-423d-a220-461a06ffcf69
http://www.globenewswire.com/NewsRoom/AttachmentNg/c24cab64-950e-4ce5-a27f-b8ea744e526f
http://www.globenewswire.com/NewsRoom/AttachmentNg/87f92591-425a-4ce3-9f76-4d356c29f1fc
The team will be based in Hong Kong pending completion of any required applications. These hires build upon Navigators’ existing participation in Lloyd’s China, where the company has operated since 2010 under the leadership of Junci Wu. Their initial focus will be on providing Navigators’ marine, casualty and other specialty products through agents and brokers as well as strategic partners across North Asia.
“Jon, S.K. and Paul all have a wealth of insurance experience in the region,” said Michael J. Casella, Navigators’ President of International Insurance. “Their in-depth knowledge of the Asian marketplace and strong long-term relationships will support a thoughtfully executed expansion of our business in Asia.”
Jon Doherty will serve as Managing Director of Asia and be responsible for overseeing all activities in the region. Mr. Doherty has nearly 30 years of experience in the insurance industry and was with Chubb Group of Insurance Companies for more than 20 years. He served most recently as Strategic Marketing Manager of the Asia-Pacific Zone.
As Chief Underwriting Officer in Asia, S.K. Kim will be responsible for all underwriting activities in the region. Mr. Kim has worked in the industry for more than 25 years, the majority of which he spent at Chubb Group of Insurance Companies. Most recently he served as Chubb’s Korea Branch Deputy Representative.
Paul D’Souza brings 20 years of international experience in finance to the Chief Operating Officer/Chief Financial Officer role. Previously, Mr. D’Souza was Senior Vice President and Chief Financial Officer, Asia-Pacific Zone at the Chubb Group of Insurance Companies.
About Navigators
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations and underwriting management companies, including operations at Lloyd’s. Navigators has offices in the United States, the United Kingdom and Continental Europe, as well as a representative office in China.
CONTACT: Courtney Oldrin [email protected] +1 203 905 6531
