Direct and Facultative Property
ArgoGlobal’s direct and facultative team, a leading underwriter at Lloyd’s, insures a wide range of commercial, industrial and residential property worldwide, with a U.S. focus.
Direct and facultative property (D&F) is the largest line of business in ArgoGlobal’s property division. The company’s U.S. D&F property account is written on a primary, full value or excess of loss basis, depending on class and volatility.
Its cover offerings include:
- Perils: All risks including allied perils, earthquake, wind and flood in high-risk areas.
- Occupancy types: Hospitality, municipalities, real estate, retail, light to medium manufacturing and some U.S. mining.
Appetite & Availability
ArgoGlobal writes business domiciled in all 50 U.S. states.
The company’s maximum line size is $25 million.
ArgoGlobal writes business through Lloyd’s brokers and coverholders.
Argo Global’s D&F team can draw on more than 100 years of combined industry experience, allowing it to consider and provide solutions to a wide variety of risks. The staff strives to provide impeccable service and maintain strong relationships with brokers throughout the market. The company also has assembled a claims team with experience handling large, complex claims from a lead position.