Argo elevates former Travelers execs to lead professional lines business

Bermuda-based specialty re/insurer  Argo Group International Holdings has revealed two new appointments within its professional lines business  Argo Pro.

The company has promoted Mary Henderson to lead Argo Pro as its president, while Rich Fachet will succeed her as senior vice president and head of financial institutions.

With more than 25 years of experience in the insurance industry, Henderson joined Argo from Travelers Companies, where she spent 14 years serving in several roles, including regional vice president. Prior to working at Travelers, she was assistant vice president, financial and professional insurance broker, at Marsh & McLennan Companies.

Fachet joined Argo in 2018 as vice president of financial institutions. Prior to Argo, he was at Travelers for 17 years, beginning as an underwriter and moving up through several roles – ultimately serving as vice president, asset management professional liability.

Henderson will report to Gary Grose, executive vice president of Argo Group US operations.

“Mary has a tremendous track record leading Argo Pro’s Financial Institutions team. She has an exceptional background and is well regarded within the business,” said Grose. “I am confident she will continue the strong growth and partnership we have seen throughout the professional lines business.”

He added: “Rich’s promotion is also well deserved. He’s a proven leader and will continue to advance the evolution and growth of our financial lines business.”

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