cm-executives-on-the-move-square-3-capsArgo Group International Holdings, Ltd. has turned to an AIG veteran and a former New York insurance regulator to fill two key positions at the specialty insurer/reinsurer.

Argo said Frank Mike-Mayer is its new chief underwriting officer of U.S. operations, an executive who was most recently head of technical underwriting at AIG Commercial. Mark Wade, now chief claims officer for U.S. operations, was an appointed executive director of the New York State Workers Compensation Board, and previously served as the Empire State’s deputy superintendent for property casualty insurance in its Department of Financial Services.

Argo Group U.S. president Kevin Rehnberg said in prepared remarks that both men “are experienced leaders representing a broad range of underwriting, claims and management expertise with proven track records of supporting operational excellence, improving profitability and executing key strategies and priorities.”

Mike-Mayer’s role at AIG goes back to 2012. He also has senior executive experience from Zurich North America, ACE and Reliance National. At Argo, he’ll be responsible for developing and launching Argo Group’s U.S. underwriting strategies and policies that support retention, growth and profitability of Argo’s total portfolio of businesses.

Wade had been a regulator going back to 2014. Before that, he held executive positions at Arch Insurance Group, Zurich North America and Marsh USA. His job at Argo tasks him with developing the strategic direction, executive leadership and management of Argo Group U.S. claims operations. He will also partner with other senior executives to develop strategic plans and policies to meet claims-handling needs of Argo Group’s clients and policyholders.

Argo, based in Bermuda, will disclose its 2015 fourth-quarter results on Feb. 8.

Source: Argo Group International Holdings Ltd.