{"id":756542,"date":"2023-05-09T10:00:40","date_gmt":"2023-05-09T14:00:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/"},"modified":"2023-05-09T10:00:40","modified_gmt":"2023-05-09T14:00:40","slug":"ambac-names-naveen-anand-president-of-cirrata-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/","title":{"rendered":"Ambac Names Naveen Anand President of Cirrata Group"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Ambac Names Naveen Anand President of Cirrata Group<\/b><\/p>\n<p class=\"bwalignc\"><i>Newly created position established to expand Ambac\u2019s insurance distribution division<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmbac Financial Group (NYSE: AMBC) (\u201cAmbac\u201d), a financial services holding company, today announced the appointment of Naveen Anand as President of Cirrata Group, Ambac\u2019s insurance distribution division. Anand, the former Group President of Players Health, will be responsible for expanding Cirrata Group and building its profile in the specialty property and casualty insurance market. This is a newly created position reporting to Claude LeBlanc, President and CEO of Ambac.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/1787063\/4\/Naveen_Anand.jpg\" alt=\"Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire)<\/p>\n<\/div>\n<p>\n\u201cNaveen is a seasoned P&amp;C executive with extensive specialty lines expertise and strong industry relationships, making him an ideal choice for President of Cirrata,\u201d LeBlanc said. \u201cWe are excited to welcome him to the team.\u201d<\/p>\n<p>\nAnand, who is based in New York, has more than 30 years of experience in the insurance industry. For the past two years, he was Group President at Players Health. He also served as a member of the company\u2019s Board of Directors. Prior to that, he spent six years as President and CEO of Hallmark Financial Services and four years as Torus Insurance\u2019s CEO of Americas and Global Chief Operating Officer. Additionally, Anand spent seven years at CNA in roles of increasing responsibility. In his final three years there, he was President and Chief Underwriting Officer of Commercial Lines, where he was responsible for $3.3 billion of commercial lines business focused on Middle Markets, Excess Casualty, Large Property, Marine, Boiler &amp; Machinery, International P&amp;C, Risk Management Casualty and Engineering. Early in his career, Anand worked for Chubb in various commercial underwriting roles, including Vice President of Commercial Lines for the New York region.<\/p>\n<p>\nAnand holds a bachelor\u2019s degree in finance from Rider University and is a graduate of the Executive Education Program at the University of Pennsylvania\u2019s Wharton School of Business.<\/p>\n<p><b>About Ambac<\/b><\/p>\n<p>\nAmbac Financial Group, Inc. (\u201cAmbac\u201d or \u201cAFG\u201d) is a financial services holding company headquartered in New York City. Ambac\u2019s core business is a growing specialty P&amp;C distribution and underwriting platform. Ambac also has a legacy financial guaranty business in runoff. Ambac\u2019s common stock trades on the New York Stock Exchange under the symbol \u201cAMBC\u201d. Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, we use our website to convey information about our businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information. For more information, please go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambac.com&amp;esheet=53395926&amp;newsitemid=20230509005342&amp;lan=en-US&amp;anchor=www.ambac.com&amp;index=1&amp;md5=55650319b16768bea0bbb0498044d0b1\">www.ambac.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230509005342r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Charles Sebaski<br \/>\n<br \/>Managing Director, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:csebaski@ambac.com\">csebaski@ambac.com<br \/>\n<\/a><\/p>\n<p>Media:<br \/>\n<br \/>Kate Smith<br \/>\n<br \/>Director, Corporate Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ksmith@ambac.com\">ksmith@ambac.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/237438\/3\/ABK_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/1787063\/3\/Naveen_Anand.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ambac Names Naveen Anand President of Cirrata Group Newly created position established to expand Ambac\u2019s insurance distribution division NEW YORK&#8211;(BUSINESS WIRE)&#8211; Ambac Financial Group (NYSE: AMBC) (\u201cAmbac\u201d), a financial services holding company, today announced the appointment of Naveen Anand as President of Cirrata Group, Ambac\u2019s insurance distribution division. Anand, the former Group President of Players Health, will be responsible for expanding Cirrata Group and building its profile in the specialty property and casualty insurance market. This is a newly created position reporting to Claude LeBlanc, President and CEO of Ambac. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/ Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire) \u201cNaveen is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ambac Names Naveen Anand President of Cirrata Group&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-756542","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ambac Names Naveen Anand President of Cirrata Group - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ambac Names Naveen Anand President of Cirrata Group - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ambac Names Naveen Anand President of Cirrata Group Newly created position established to expand Ambac\u2019s insurance distribution division NEW YORK&#8211;(BUSINESS WIRE)&#8211; Ambac Financial Group (NYSE: AMBC) (\u201cAmbac\u201d), a financial services holding company, today announced the appointment of Naveen Anand as President of Cirrata Group, Ambac\u2019s insurance distribution division. Anand, the former Group President of Players Health, will be responsible for expanding Cirrata Group and building its profile in the specialty property and casualty insurance market. This is a newly created position reporting to Claude LeBlanc, President and CEO of Ambac. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/ Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire) \u201cNaveen is a &hellip; Continue reading &quot;Ambac Names Naveen Anand President of Cirrata Group&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-09T14:00:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/1787063\/4\/Naveen_Anand.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ambac Names Naveen Anand President of Cirrata Group\",\"datePublished\":\"2023-05-09T14:00:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/\"},\"wordCount\":537,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230509005342\\\/en\\\/1787063\\\/4\\\/Naveen_Anand.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ambac-names-naveen-anand-president-of-cirrata-group\\\/\",\"name\":\"Ambac Names Naveen Anand President of Cirrata Group - 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Anand, the former Group President of Players Health, will be responsible for expanding Cirrata Group and building its profile in the specialty property and casualty insurance market. This is a newly created position reporting to Claude LeBlanc, President and CEO of Ambac. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230509005342\/en\/ Ambac has named Naveen Anand president of Cirrata Group, its insurance distribution division (Photo: Business Wire) \u201cNaveen is a &hellip; Continue reading \"Ambac Names Naveen Anand President of Cirrata Group\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-09T14:00:40+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/1787063\/4\/Naveen_Anand.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ambac Names Naveen Anand President of Cirrata Group","datePublished":"2023-05-09T14:00:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/"},"wordCount":537,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230509005342\/en\/1787063\/4\/Naveen_Anand.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ambac-names-naveen-anand-president-of-cirrata-group\/","name":"Ambac Names Naveen Anand President of Cirrata Group - 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