Argo Group, an underwriter of specialty insurance products in the property and casualty market, has announced the appointment of Arturo Pelaez as Chief Operating Officer.

Pelaez brings over two decades of industry experience, with expertise in insurance M&A and a strong track record in strategy and operations. In his new role, he will play a key part in driving execution across IT, Operations, Technical Underwriting, and other core functions.

He will also continue serving as Managing Director at Brookfield, which acquired Argo in November 2023 in an all-cash transaction valued at approximately $1.1 billion. At Brookfield, Pelaez is responsible for Insurance Strategy and Portfolio Management.

Pelaez said, “Excited to be part of the Argo team and continue Brookfield’s momentum in P&C.”

Before joining Brookfield, Pelaez spent nearly eight years at Voya Financial, most recently as Vice President – Corporate M&A, where he worked closely with C-Suite and other senior executives to develop and execute M&A strategy.

He also spent nearly a decade at Citi, most recently serving as Vice President – Investment Banking.

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