New York-based Navigators Group said the specialty insurer has made a decision to move all its energy business to London as a means of controlling the risk associated with the volatile weather pattern in the Gulf of Mexico.
The firm said that its offshore energy, onshore energy, engineering/construction and other technical industrial risks will now be aligned under Navigators Technical Risk.
Navigators Technical Risk, the company explained, will underwrite on behalf of Navigators Insurance Company and the company's wholly-owned subsidiary, Navigators Underwriting Agency Limited (NUAL), which manages Syndicate 1221 at Lloyd's.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
