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Balance Sheet Cash Flow Statement 1 Penn Plaza, 32nd Fl. New York, NY 10119 NY Tel. 212-244-2333 Fax 212-244-4077 |
Type: Public
On the web:
http://www.navg.com
Employees:
445
Employee growth: 11.0%
The Navigators Group writes specialty lines of insurance and reinsurance to clients whom it hopes are good navigators themselves. The company's various subsidiaries write marine, liability, and other lines of business, primarily in the US and the UK. Navigators Insurance and Navigators Underwriting Agency, which is a member of Lloyd's of London, write ocean and marine insurance including hull, energy, and cargo insurance, as well as property insurance for onshore energy concerns. The Navigators Agencies are also involved in professional liability, especially directors and officers coverage. Navigators Specialty primarily provides general liability for contractors.
Key numbers for fiscal year ending December, 2008:
Sales: $683.7M
One year growth: 1.0%
Net income: $51.7M
Income growth: (45.9%)
Officers:
Chairman: Terence N. Deeks
President, CEO, and Director; Chairman Navigators Management: Stanley A. (Stan) Galanski
SVP and CFO: Francis W. (Frank) McDonnell
Competitors:
Allianz Global Risks
CNA Financial
Travelers Companies
