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4 March 2024News

Former Argo chairman joins Palomar board

The former chairman and chief executive officer of a Bermuda-based re/insurer has been appointed to the board of Palomar Holdings. 

Thomas Bradley, who led Argo Group International through its recently completed merger with Brookfield Re, was made a director of Palomar, which has a Bermuda-based subsidiary, last week. 

Bradley joined the Argo board in August, 2018 and became chairman in 2020. He later became executive chairman and CEO of the company and guided it through a review of strategic alternatives which resulted in the $1.1 billion sale to Brookfield in 2023. 

Prior to joining Argo, Bradley was chief financial officer and executive vice president of Allied World Assurance Company Holdings, a global provider of insurance and reinsurance solutions, from 2012 until 2018.

Bradley also acted as executive vice president and chief financial officer for two other public companies, Fair Isaac Corporation and the St Paul Companies. 

He also held senior financial and operational positions at Zurich Insurance Group, including chief financial officer of North America and chief executive officer of the Universal Underwriters Group. 

“I am thrilled to welcome Tom Bradley to our Board,” said Mac Armstrong, Palomar’s chairman and chief executive officer. “Tom’s experience across the insurance and reinsurance industry will prove a great resource to Palomar, whether it be his significant experience in capital management, corporate development and strategic planning or mergers and acquisitions. He will add tremendous value to Palomar as we continue to the execution of our Palomar 2X strategy.”

Bradley said: “I am excited for the opportunity to join Palomar’s distinguished board. I look forward to helping Palomar’s management team and Board act on the many opportunities that the Company has in front of it as we work together to build a premier specialty insurer and deliver value for all of our stakeholders.

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More on this story

News
1 December 2023   AM Best plans to meet with Argo Group management to assess company.
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16 November 2023   Jennifer Snyder succeeds Thomas Bradley as CEO of specialty re/insurer.
News
13 November 2023   Argo suffers $49.5m third quarter loss as GWP plunges.

More on this story

News
1 December 2023   AM Best plans to meet with Argo Group management to assess company.
News
16 November 2023   Jennifer Snyder succeeds Thomas Bradley as CEO of specialty re/insurer.
News
13 November 2023   Argo suffers $49.5m third quarter loss as GWP plunges.