HAMILTON, Bermuda -- Argo Group International Holdings Ltd. on May 5 announced that Jay S. Bullock will join Argo Group as chief financial officer.
Bullock, 43, will be based in Bermuda and will report directly to Argo Group president and chief executive officer Mark E. Watson III. Bullock’s appointment will be effective May 13, 2008.
“I am delighted to welcome Jay to Argo Group,” said Watson. “His extensive experience advising companies in the financial services sector and in-depth knowledge of the insurance industry will be invaluable as we continue to evolve as a leading international specialty underwriter.
Bullock joins Argo Group from Bear, Stearns & Co. Inc. where he was senior managing director and head of Bear Stearns’ Insurance Investment Banking Group. Focusing on the insurance sector for over 20 years, he advised on a number of company acquisitions, mergers and sales as well as all forms of public and private financings and restructurings. While at Bear Stearns, Bullock was an advisor to Argonaut Group, Argo Group’s predecessor company, on a number of transactions. Over the years, Bullock has advised in situations across all areas of the property casualty and life insurance business with a significant degree of experience with companies that compete in specialty areas of the property casualty sector.
Prior to joining Bear Stearns in 2000, Bullock was a managing director at First Union Securities. He is an honors graduate of Southern Methodist University and received his MBA from The McColl School of Business, Queen’s College, Charlotte, North Carolina. Bullock also holds the designation of Certified Public Accountant (CPA).
Headquartered in Hamilton, Bermuda, Argo Group International Holdings, Ltd., is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in three primary segments: Excess and Surplus Lines, Commercial Specialty, and International Specialty.