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Mostofi To Head Chartis’ U.S. Warranty Biz

New York – Chartis has named James Mostofi as president of its
U.S. warranty division, which includes the company’s warranty and extended-warranty
insurance group.

Mostofi joins the former AIG unit from Service Net, where he most
recently served as COO.

“We are thrilled to welcome Jim to Chartis,” said Charles
Williamson, president of Chartis’ U.S. consumer lines segment. “He brings the
distinctive blend of a seasoned warranty professional and experienced business
executive to lead our organization.”

Tom Marsh, president of Chartis’ global warranty division,
described Service Net as one of the company’s “valued warranty administrators,”
and said Mostofi’s “results-oriented management style and deep industry
knowledge will be invaluable as he continues to build on our long history.”