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Navigators Group Inc. (NAVG)

At 5:00AM SGT: 41.59 USD   0.00 (0.00%)  
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Navigators Group Inc.
One Penn Plaza
New York, NY 10119
Phone: 212-244-2333
Fax: 212-244-4077
Web Site: http://www.navg.com

 DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Property & Casualty Insurance
Employees (last reported count):445

 REUTERS ABRIDGED BUSINESS SUMMARY 
The Navigators Group, Inc., an international insurance holding company, engages in the underwriting and management of property and casualty insurance in the United States, the United Kingdom, Belgium, and Sweden. It focuses on underwriting ocean marine insurance, as well as professional liability insurance and specialty liability insurance consisting of contractors' liability, and primary and excess liability coverages. The company’s product line in marine business includes cargo and marine liability, as well as other product lines, which include marine liability, offshore energy, specie, bluewater hull, and assumed reinsurance of other marine insurers. It also underwrites insurance for harbor craft and other small craft, such as fishing vessels, providing physical damage and third party liability coverages; cargo insurance, which provides coverage for physical damage to goods in the course of transit; and protection and indemnity business. In addition, The Navigators Group underwrites engineering and construction business, which comprises coverage for construction projects, including damage to machinery and equipment, and loss of use due to delays; and onshore energy insurance, primarily property damage and business interruption coverages for the oil and gas, chemical, and petrochemical industries. Further, it underwrites traditional inland marine insurance products, including builders’ risk, contractors’ tools and equipment, fine arts, computer equipment, and motor truck cargo. The company was founded in 1981 and is based in New York, New York.
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     OFFICERS 
     PayExercised
    Mr. Terence N. Deeks , 70
    Founder, Chairman and Member of Underwriting Advisory Committee
    $ 605.00K $ 0
    Mr. Stanley A. Galanski , 51
    Chief Exec. Officer, Pres, Director, Member of Underwriting Advisory Committee, Chairman of Navigators Insurance Company of Navigators Insurance
    $ 1.12M $ 0
    Mr. Francis W. McDonnell , 53
    Chief Financial Officer and Sr. VP
    $ 452.00K $ 0
    Mr. Michael L. Civisca ,
    Pres of the Navigators Marine & Energy Division and Sr. VP of Navigators Management Co Inc
    $ 431.00K $ 427.00K
    Mr. Christopher C. Duca ,
    Pres of the NavPro Division and Sr. VP of Navigators Management Co., Inc
    $ 1.40M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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