Argo Appoints Ritchie to Paris Branch

February 28, 2011

Ago Group International Holdings, Ltd announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. Argo Assurances will initially focus on insurance solutions for space and aviation clients worldwide.

“We continue to expand our international footprint and underwriting business in specialties such as space and aviation,” said Argo Group Chief Underwriting Officer Andrew Carrier. “We’re very pleased to have Bruno join us to lead our growth in Europe from our new underwriting platform in Paris.”

Mr. Ritchie brings more than 16 years of experience in the fields of aerospace underwriting, business development and large risk underwriting strategy. As managing director of Argo Assurances, Mr. Ritchie will be charged with the creation of an underwriting platform based in Paris that will develop a portfolio of specialty risks for clients based in Continental Europe and throughout the world for certain specialty classes of business. The initial focus will be on insurance solutions for space and aviation clients, for which Mr. Ritchie will have group-wide responsibility.

Most recently, Mr. Ritchie was the underwriting director of Hiscox’s Global Risks European office in Paris. Prior to this position, Mr. Ritchie was a divisional underwriter with Hiscox Lloyd’s Syndicate 33 in London, managing a portfolio of aerospace risks and professional indemnity risks for technology, media and telecom clients. Before that, he was head of aerospace underwriting with AGF, a unit of Allianz group, also in Paris.

Mr. Ritchie has an MBA from HEC (école des Hautes Etudes Commerciales) school of management in Paris, a mechanical engineering degree from UTC (Universite de Technologie de Compiegne) and is a graduate of the CHEA (Centre des Hautes Etudes d’Assurances) in Paris.

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