Open Market
The direct and facultative team is regarded as a leading underwriter and insures a wide range of commercial, industrial and residential property in the U.S. and internationally.
- Highlights
- Appetite
- Info
- Resources
Table of Contents
Coverage Highlights
Our target occupancies include, but are not limited to:
Commercial
- Real estate
- Gaming and hospitality
- Municipalities
- Financial institutions
- Healthcare facilities
- Retailers/wholesalers
Industrial
- Manufacturing
- Processing
- Agricultural products
- Broadcast media
Transit
- Railways
- Transportation
Appetite & Availability
Territories
Argo Insurance in Bermuda writes commercial property and onshore energy insurance and reinsurance on a worldwide basis.
Risk Appetite
Argo Insurance has $50 million of fire capacity and typically can provide $25 million of catastrophe capacity for direct and facultative business, depending on the peril and region.
Distribution
Writing as a coverholder for Lloyd’s Syndicate 1200 or on Argo Re Ltd. paper, the company provides best-in-class solutions to meet client needs, including all licensing and rating considerations.
Additional Information
Expertise
Argo’s commitment to specialization, deep expertise and dynamic relationships provides a winning combination for mutual success. The underwriting team works closely with brokers and their clients to help with risk requirements, assisted internally by dedicated wordings and claims teams.
Resources
- Highlights
- Appetite
- Info
- Resources
Table of Contents
Coverage Highlights
ArgoGlobal’s property team is widely recognized as a leading player in the Lloyd’s market. Its underwriters are respected for their specialized knowledge and long-term partnerships with brokers and clients.
The account is written on a primary, full-value or excess-of-loss basis, depending on class and volatility.
Our coverage includes:
- Perils – all risks, including:
- Allied perils
- Earthquake
- Wind and flood in high-risk areas
- Main occupancy types:
- Hospitality
- Municipalities
- Real estate
- Retail
- Light to medium manufacturing
- Some U.S. mining
Appetite & Availability
Territories
We write business worldwide.
Risk Appetite
ArgoGlobal’s maximum line size is $25 million in the U.S. and $15 million for international business.
Distribution
We write business through Lloyd’s brokers and coverholders.
Additional Information
Expertise
Argo’s commitment to specialization, deep expertise and dynamic relationships provides a winning combination for mutual success. The underwriting team works closely with brokers and their clients to help with risk requirements, assisted internally by dedicated wordings and claims teams.
