Argo Property offers primary and excess capacity on a shared and layered basis for insureds with greater than $50 million of total insurable value (TIV).

Shared and Layered Property

Argo Property offers primary and excess capacity on a shared and layered basis for insureds with greater than $50 million of total insurable value (TIV).

    Table of Contents

  1. Highlights
  2. Amounts
  3. Info
  4. Resources

Coverage Highlights

All products can be written on a primary or excess basis dependent upon risk characteristics.

  • All risks including flood and earthquake
  • Wind/hail only
  • Named windstorm only
  • Difference in conditions (DIC) including flood and
    earthquake
  • Deductible buybacks – AOP and CAT perils

Carrier

Coverage will be written on a non-admitted basis on Colony Specialty, Colony Insurance or Peleus Insurance Company papers.

Coverage Amounts

  • TIV > $50 million
  • Minimum premium is $25,000
  • Proprietary excess form or broad manuscript form: 30+ sublimits included
  • Profit-sharing incentives: policy level</li.

Additional Information

Target Classes

  • Real estate
  • General commercial risks
  • Public entity
  • Vacant buildings
  • Restaurants
  • Low-hazard manufacturing
  • Apartments, condominiums, hotels and motels
  • Warehousing and distribution

Ineligible Classes

  • Energy
  • High-hazard manufacturing
  • Agriculture/crops
  • Large CBI exposures
  • Food processing and distribution
  • Lumber/sawmills
  • Recyclers or any type of salvage operation
  • Dealers open lot
  • Primary habitational

Send submissions to: [email protected]

Please allow for 90-day clearance for commercial accounts and 120-day clearance for public entity accounts.

  1. Please “cc” a designated underwriter if you would like to specifically assign a submission to a team member.
  2. Please provide the coded producing broker who is responsible for the
    submission. We capture the producing broker, not the marketing associate.

Insurance coverage may be provided by Argonaut Insurance Company, Argonaut Midwest Insurance Company and Colony Specialty Insurance Company. Some types of insurance coverage may only be provided by Colony Insurance Company and Peleus Insurance Company, which are authorized surplus lines insurers. This highlight sheet contains only product summaries. All insurance coverage is subject to the language of the insurance policies, as actually issued.

Resources

Contact

For more information about Shared and Layered Property, please contact:

Andy Hendrix

SVP, U.S. Property

678-775-6692 Email Andy Hendrix

Ken Jaegge

VP, Marketing & Distribution Manager

862-254-6677 Email Ken Jaegge

Thomas Krause

VP and Team Leader

804-347-8484 Email Thomas Krause
How to Report a Claim

Default Title

Default Copy