Navigators Group Inc (NASDAQ:NAVG)

Navigators Group, Inc. is an international insurance company, which focuses on specialty products within the overall property and casualty insurance market. Its product line and most long-standing area of specialization is ocean marine insurance. The company also develops specialty niches in professional liability insurance and in specialty liability insurance primarily consisting of contractor's liability and commercial primary and excess casualty coverage. Navigators Group operates its business through two segments: Insurance Companies and Lloyd's Operations. The Insurance Companies segment engages in underwriting marine insurance and related lines of business, specialty insurance lines of business, including contractors general liability insurance, commercial umbrella and primary and excess casualty businesses, specialty assumed reinsurance business, and professional liability insurance. The Lloyd's Operations segment primarily underwrites marine and related lines of business along with offshore energy, construction coverages for onshore energy business and professional liability insurance. Navigators Group was founded by Terence N. Deeks in 1974 and is headquartered in Rye Brook, NY.