May Mobility Inc.’s boxy white-and-green self-driving shuttle pulls up to a damp corner in downtown Detroit. Its big doors swing out revealing a safety driver and six seats that face each other. It’s more comfortable than a subway car or …
Argo Group International Holdings, the Bermuda-based specialty re/insurer, has adopted an insurtech platform that enables managing general agents, wholesalers and independent brokers to submit, quote and bind risks seamlessly, without paper or error. Argo has deployed AVYST’s bi-directional forms system, …
Argo Group is urging shareholders to reject allegations of “reckless behavior” and “poorly researched claims” from activist stockholder Voce Capital Management when the company’s annual shareholder meeting takes place on May 24. Those rebuttals are part of a letter that …
Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible rates. Carriers and brokers are building Internet-based underwriting …
Argo Group International Holdings Ltd., the Bermuda-based specialty re/insurer, has become a member and network partner of GBN, a global insurance network of insurers, reinsurers, independent brokers and specialty suppliers, which operates in more than 140 countries. Brokers and local …
Lloyd’s insurer ArgoGlobal has appointed Paul Lucas as chief actuary, international. Lucas brings 17 years of industry experience to ArgoGlobal. He joins the company from Aspen, where he was for nearly 12 years, most recently as global insurance chief actuary. …
Everest Re Group Ltd. and Argo Group International Holdings Ltd. announced their preliminary pre-tax catastrophe loss estimates for the third quarter, ended Sept. 30, 2018. Bermuda-based Everest Re’s estimated catastrophe loss was $240 million, net of reinsurance. The estimate includes …
Bermuda-based specialty insurer and reinsurer Argo Group International Holdings is rebranding its subsidiary Ariscom to ArgoGlobal Assicurazioni following Argo Group’s acquisition of the digital Italian specialty insurance subsidiary in March. As announced in April 2018, Giovanni Tucci serves as managing …
Specialty insurance and reinsurance carrier Argo Group International Holdings, Ltd. announced the appointments of Frank Mike-Mayer as chief underwriting officer and Mark Wade as chief claims officer, both serving as key executives for the company’s U.S. operations. As chief underwriting …
Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance versus the P/C industry as a whole. The ratings entity …
