When Louis Levinson of Argo Group described a recent restructuring of the company's U.S. E&S units to NU last month, he began with a simple comparison of two organizational charts.
The president of Argo's E&S operations traced the changes by pointing to particular specialty insurance lines, and then to names of individual division leaders, that would move from boxes under the Colony Insurance and Argo Specialty branches on one flowchart to different spots on a new Colony Specialty map.
But some of the most relevant changes, he suggested, were not entirely evident from a simple side-by-side analysis of the two diagrams, as he supplemented the review of the graphic depiction with a discussion of key benefits for employees and brokers. Two such benefits, he said, will be stopping an exodus of talented employees to competitors and eliminating obstacles for broker partners.
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