|Date joined:||15 June, 2010|
Argo Group International Holdings, Ltd. is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. We offer a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty, and Reinsurance.
The Excess and Surplus Lines (E&S) division provides commercial property and casualty insurance on primarily a non-admitted basis for risks that fall outside of the standard lines marketplace. These risks consist of classes of business or specific accounts that the traditional market is unwilling or unable to underwrite due to the unique characteristics of the insured, the existence of certain physical perils, the nature of the business activity itself, and/or the insured’s loss experience.
Commercial Specialty provides products and services through its operating entities: Argo Surety, Great Central, Grocers Insurance, Rockwood and Trident.
Argo Surety specializes in writing all forms of surety bonds with a particular focus on construction surety and commercial surety obligations.
Argo Select provides tailored insurance and risk management products nationally in the areas of: Food and Hospitality and Specialty Retail. Argo Select is also the preeminent provider of insurance products and services to independent retail grocery stores throughout the United States. Argo Select distinguishes itself by tailoring its specialized coverage forms to address the unique exposures presented by these businesses.
Rockwood has specialized in writing specialty workers compensation insurance for commercial and coal mining operations since 1960. In addition to workers compensation, Rockwood offers general liability, pollution liability, property and bond coverage for mining and mining-related commercial contractors.
Trident, a managing general agent, is a recognized leader and specialist in providing risk management services and solutions to preferred governmental and public entities.
International Specialty (Argo International) underwrites worldwide general commercial lines. This includes property, property binding authorities, transportation, general liability, professional indemnity, financial institutions and personal accident.
These business segments are split between our Property Division and Liability Division but the teams work together on package products.
Argo Re currently writes reinsurance business worldwide through the broker market and provides casualty, professional, property catastrophe reinsurance, property per risk reinsurance, and proportional property reinsurance.
Argo Group and Sustainability
Our current involvement in sustainability/corporate social responsibility issues is tied to several initiatives:
a. Providing matching funds for employees’ charitable activities. This initiative has been an excellent incentive for many of the Argo group employees to share the good works with colleagues, enlist support and assistance as well as share their stories regarding the experience of volunteerism and charitable activities, which also includes Community Relations activities.
b. Ongoing development of a microinsurance solution for emerging markets. The first iteration of a property insurance based microinsurance solution for school buildings and contents is in progress. We are hopeful to launch this product in 2011.
c. Argo Foundation in addition to the matching funds programs also provides support to many Charitable Organizations in Bermuda.
d. Signatory of UNEP FI and an active participation in the Insurance Commission work on the Principles for Sustainable Insurance.