Paragon appoints Sudagar as Chief Actuary

Paragon Insurance Holdings, an international managing general agency, has announced the appointment of Maheswaran Sudagar as Chief Actuary.

In his new role, Sudagar, a Fellow of the Casualty Actuarial Society (FCAS) with over two decades of experience, will lead Paragon’s actuarial functions, working with the underwriting, finance, product and analytics teams to improve the company’s competitive advantage.

As part of his responsibilities, the executive will also guide the broader actuarial team to provide strategic insights to promote innovation.

Paragon’s CEO Ron Ganiats, said: “Maheswaran shares our vision of combining technical excellence with superior service, and that makes him an exceptional addition to our leadership team.

“We’re confident his deep actuarial knowledge, leadership experience and strategic insight will be invaluable as we continue to expand and refine our insurance programs.”

Throughout his career, Sudagar’s has gained experience with leading insurers and reinsurers across North America, Europe, Australia and the Asia-Pacific region, most recently serving as Senior Vice President and Lead Actuary at Crum & Forster.

Sudagar commented: “I’m excited to join Paragon at such a dynamic time in the insurance industry. At its core, Paragon exists to make its partners more successful. By applying actuarial rigor to pricing, risk and portfolio management, I’m eager to help reinforce that promise and strengthen the value we deliver to brokers, carriers and reinsurers.”