Argo Group Offers New Stand-Alone Business

Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products in the property and casualty market, has consolidated its professional liability insurance underwriting operating units – including Colony Professional Lines business and Insight Insurance Services – and has named the new stand-alone professional lines business Argo Pro. Argo Pro will now be under the leadership of recently promoted President John Keane, who was previously senior vice president of Colony Professional Lines business.

Argo Pro will conduct business within Argo Group’s Excess & Surplus Lines (E&S) segment and will be comprised of the allied medical, errors & omissions (E&O) and environmental divisions. It will continue to write specialty risks on both a non-admitted and admitted basis. Argo Group recently acquired Insight Insurance Services Inc., a specialist in professional liability insurance for accounting professionals, architects, engineers and insurance agents.

Argo Group’s E&S segment is the 12^th largest E&S carrier in the U.S. and provides commercial lines property and casualty insurance on both an admitted and non-admitted basis in all 50 states.

The allied medical division has broadened its risk appetite across its existing segments of social services, miscellaneous healthcare and long-term care facilities.

The E&O division has grown from a startup operation in 1996 and will continue to broaden the range of products and services provided to Argo Pro’s customers and producers. Argo Group’s recent acquisition of Insight is one such step. The environmental division is the third largest underwriter of underground storage tanks and provides pollution coverage for dry cleaners.