Argo Group names new CEO for Insurance Business America

Argo Group International Holdings, a niche insurance underwriter, has welcomed Chris Donahue as the new CEO. Previously serving as the company’s CFO, Donahue takes over from Jessica Buss, who has been in the role since the same period Donahue joined.

Jonathan Bayer, Argo’s board chair, commended Donahue for his instrumental role in Argo’s transformation into a specialty property and casualty company focusing on the U.S. market. The shift in leadership aligns with Argo’s strategic vision for future growth under Donahue and the executive team’s direction.

In conjunction with Donahue’s promotion, David Chan has assumed the position of CFO. Formerly the chief accounting officer at Argo, Chan brings experience from esteemed organizations such as AmTrust Financial Services, Moody’s Investor Services, and PwC.

The succession in leadership reflects Argo’s ongoing efforts to streamline operations and fortify its presence in the U.S. specialty insurance landscape. Recent restructuring initiatives have seen Argo divest non-core international operations in favor of domestic expansion.

Adding to its leadership roster, Argo appointed Susan Comparato as chief administrative officer in August 2021, overseeing legal, compliance, and regulatory functions. Subsequently, in January 2025, Stephen Perrella assumed the role of chief claims officer, transitioning from Vantage Risk Companies and Aspen Insurance Group, to lead Argo’s claims strategy.

Amidst changing industry dynamics like regulatory shifts, escalating litigation expenses, and evolving risks in specialty insurance, Argo is poised to refine its underwriting approach under Donahue’s leadership. The company’s focus remains on growth opportunities in specialized markets while maintaining financial discipline.

Expressing gratitude for Jessica Buss’s leadership during Argo’s transformation, Bayer praised her contributions and wished her success in her future endeavors, signaling a phase of new beginnings for Argo under Donahue’s guidance.

Looking ahead, Argo’s strategic agenda emphasizes expanding its specialty insurance offerings while upholding financial prudence in a fiercely competitive market environment. The company is prepared to navigate market uncertainties and leverage growth prospects under Donahue’s leadership.