Reinsurance News

Argo announces new US reporting structure

1st November 2019 - Author: Charlie Wood

Specialty re/insurer Argo has announced a new reporting structure for the Americas aimed at maintaining operational excellence and providing additional senior leadership to the region.

argo globalThe new structure will be led by three newly appointed executive vice presidents, all of whom will report to Kevin Rehnberg, president, group Chief Administrative Officer and head of the Americas for Argo.

The new structure has been described as a way to provide additional senior leadership for Argo’s growing Americas businesses.

“These changes will also help us accelerate the overarching digital transformation of the entire organization by enabling me to focus more time on operations company wide,” Rehnberg said.

Gary Grose, who currently serves as Argo producer management and marketing leader and head of colony specialty, will oversee contract; property; environmental; inland marine; and transportation.

Tim Carter joins Argo following leadership roles with AIG’s commercial insurance segment as president, portfolio solutions and chief underwriting officer. He will oversee surety; programs – risk bearing; programs – alternative risk solutions; trident public risk solutions; and Argo construction.

The third EVP, to be announced later this year, will oversee US claims as well as casualty; Argo pro; Argo insurance; and rockwood cyber.

Rehnberg added that creating the three new EVP positions helps build on the company’s leadership succession plan and creates stronger career paths within Argo.

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

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