Insurance company Safeco has appointed Thomas Newgarden as senior vice president of underwriting for Safeco Personal Insurance.

Prior to this, Mr Newgarden was senior vice president and chief underwriting officer of AIG Private Client Group. At Safeco, he will be responsible for the profit-and-loss of personal product lines, including design, pricing and underwriting.

Michael Hughes, executive vice president of insurance operations, said: Tom is the right person to lead our personal lines team as we prepare for the competitive market ahead. We will benefit from a disciplined underwriter who understands the critical balance of profit and growth and who is passionate about building differentiated products with consumer appeal.