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Last $55.68 USD
Change Today +0.22 / 0.40%
Volume 8.8K
As of 10:45 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

110 Pitts Bay Road

Pembroke, HM 08


Phone: 441-296-5858

Fax: 441-296-6162

Argo Group International Holdings, Ltd. operates as an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Segments and Products For the year ended December 31, 2013, the company’s operations included four ongoing business segments: Excess and Surplus Lines, Commercial Specialty, International Specialty, and Syndicate 1200. Excess and Surplus Lines In 2013, this segment consisted of two operating platforms, Colony Specialty and Argo Pro. While focused primarily on non-admitted business, each of these operations might also underwrite certain classes of business on an admitted basis for risks that otherwise meet the company’s underwriting standards. Colony Specialty underwrites primary and excess casualty, property, automobile and professional liability coverage for hard to place risks and/or distressed businesses that fall outside of the standard insurance market’s risk appetite. This business is underwritten through six business units, such as Casualty, Transportation, Specialty Property, Contract, Environmental, and Allied Medical. Through these units Colony Specialty provides coverage to a group of commercial enterprises, including contractors, manufacturers, distributors, property owners, retailers, restaurants, environmental consultants and contractors, and smaller medical facilities within the social services, miscellaneous healthcare and long-term care segments. Argo Pro, which is the company’s U.S.-only mid-market professional lines platform, provides a portfolio of errors and omissions and management liability products for the company’s wholesale and retail distribution partners. Argo Pro offers customized coverage on a primary and excess basis for risks on both an admitted and non-admitted basis, targeting commercial and select financial institution risks in the middle market and upper middle market segments. Its underwriting focus provides risk management solutions for accountants, architects and engineers, commercial crime, directors and officers, employment practices, fiduciary, lawyers, miscellaneous professionals, technology, privacy and security. Commercial Specialty This segment provides property, casualty and surety coverages designed to meet the specialized insurance needs of businesses within certain well-defined markets. It targets business classes and industries with risk profiles that could benefit from specially designed insurance programs, tailored loss control and expert claims handling. This segment serves its targeted niche markets with a narrowly focused underwriting profile and an understanding of the businesses it serves. In 2013, this segment consisted of various risk-bearing business units: Argo Insurance, Rockwood Casualty Insurance Company (Rockwood), Commercial Programs, Argo Surety, Trident and ARIS Title Insurance Corporation (ARIS). In addition, the company operates various non-risk-bearing agency and brokerage operations that generate fee income under the Alteris brand. Majority of the Alteris businesses operate as managing general agents (MGA). The core operations of Argo Insurance consist of Grocery, Restaurants, Fabricare for dry cleaners, and other Specialty Retail. Argo Insurance provides property, liability, workers compensation, auto, and umbrella coverage throughout the United States. Rockwood is a specialty underwriter of workers compensation for the mining industry. It also underwrites business coverage for small commercial businesses, including office, retail operations, light manufacturing, services, and restaurants. Rockwood underwrites policies on both a large deductible basis and on a guaranteed cost basis for smaller commercial accounts. In addition, Rockwood provides general liability, commercial automobile and artisan contractor packages, as well as coverage for pollution liability, umbrella liability and surety to support its core clients’ other mining and mining-related exposures. Argo Surety offers surety products to a range of the U.S. businesses operating in various industries. The focus of Argo Surety is to deliver surety credit solutions to businesses that must satisfy


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