ArgoGlobal hires AIG exec for underwriter role

ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has named Andrew Summers as credit and political risks underwriter.  Summers will report to Jeremy Shallow, credit and political risks class underwriter. He joins ArgoGlobal from AIG Europe, where he served most recently as senior underwriter, political risk. In this role he was responsible for underwriting risks for a broad spectrum of insureds including corporates, financial institutions and commodity traders across the full suite of political risk products.  Summers began his career with Aon in 2007, culminating with his appointment as a crisis management broker in the political risk department. Shallow said: “Today’s uncertain geopolitical landscape offers opportunities for the Credit and Political Risks marketplace. We have significant ambitions to further develop our presence in this class and by virtue of our lack of legacy issues and risk exposure, we are able to adapt quickly and to look at new risks with an open mind.  “Andrew is a highly talented underwriter, whose technical acumen, contacts and market understanding will be invaluable as we develop our proposition. I am very pleased to welcome him to the team.