STOCK TITAN

The Hartford Names Michael Garrison Head Of Navigators Wholesale

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Hartford has appointed Michael Garrison as head of Wholesale for Navigators effective November 1. Garrison will focus on strategic growth, underwriting, and managing wholesale distribution relationships. He brings over 28 years of insurance experience, having worked globally in locations such as New York, Singapore, and London. Previously, he served as president at Allied World, overseeing Global Construction and international lines, and held senior positions at Starr Companies. This leadership move aims to strengthen The Hartford's commitment to providing solutions for complex risks.

Positive
  • Garrison's extensive 28 years of global insurance experience will enhance strategic growth.
  • The appointment reflects The Hartford's commitment to investing in its wholesale franchise.
Negative
  • None.

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford has named Michael Garrison as head of Wholesale for Navigators, a brand of The Hartford. Garrison will lead the strategic direction, growth, and underwriting for the business, as well as manage relationships with the company’s wholesale distribution partners. He will report to The Hartford’s head of Global Specialty Adrien Robinson beginning November 1.

The Hartford has named Michael Garrison as head of Wholesale for Navigators, a brand of The Hartford. (Photo: Business Wire)

The Hartford has named Michael Garrison as head of Wholesale for Navigators, a brand of The Hartford. (Photo: Business Wire)

“Michael’s deep knowledge and extensive expertise in a broad range of specialty lines, both domestic and internationally, will be a tremendous asset as we continue to invest in and grow our wholesale franchise,” said Robinson. “We are in the midst of an historic global market transformation, and Michael’s leadership will only strengthen our commitment and ability to continually provide valuable solutions to unique and complex risks in primary and excess casualty, financial lines, property, inland marine, transportation and environmental.”

With more than 28 years of experience in the insurance industry, Garrison brings a broad range of business insights in global risk having worked in New York, Singapore, Hong Kong, London, Bermuda, and Paris. Prior to joining The Hartford, he was president, head of Global Construction and International First-Party Lines at Allied World, after being president, Asia Pacific based in Singapore for the company. In that role, he was responsible for the strategic leadership of the company’s global markets insurance operations in Asia-Pacific. He also oversaw the implementation of the region's strategic plan and was responsible for the oversight of the company's direct insurance offices in Hong Kong, Singapore, Malaysia, and Australia.

Previously, Garrison served as senior vice president and chief underwriting officer at Starr Companies where he created and developed first-party underwriting platforms for International Onshore Energy, Global Construction, Global Exploration & Production, and International General Property. In addition, he managed strategic planning and development and coordinated local compliance, operations, and systems for Starr’s new country start-ups. He also managed all lines of underwriting authority and aggregates for Starr’s Bermuda company, its subsidiaries, and branches.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at @TheHartford_PR.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-C

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2020 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com, Twitter account at www.twitter.com/TheHartford_PR and Facebook at https://facebook.com/thehartford. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

Media:

Saverio Mancini

(860) 748-8750

saverio.mancini@thehartford.com

Source: The Hartford

FAQ

Who is Michael Garrison at The Hartford?

Michael Garrison is appointed as head of Wholesale for Navigators, effective November 1.

What experience does Michael Garrison bring to The Hartford?

He has over 28 years of experience in the insurance industry, working in multiple global locations.

What will Michael Garrison's role involve at The Hartford?

Garrison will lead strategic direction, growth, underwriting, and manage relationships with wholesale partners.

What is the significance of Michael Garrison's appointment for HIG stockholders?

His leadership aims to strengthen The Hartford's position in addressing complex risks, potentially impacting future growth positively.

The Hartford Financial Services Group, Inc.

NYSE:HIG

HIG Rankings

HIG Latest News

HIG Stock Data

34.82B
288.99M
0.28%
94.23%
0.97%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
HARTFORD