Argo Launches Alteris for Managing Agents; Names Schenck President

May 12, 2010

Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has formed Alteris, Inc., a services provider for managing general agencies.

Alteris will offer managing general agencies and carriers in the U.S. a range of services including program placement, underwriting, administration and policy systems solutions, as well as claims services, risk management and safety consultation.

Alteris also will provide access to reinsurance for commercial lines of coverage including liability, property and workers’ compensation, and financial solutions for agents and program managers seeking to acquire additional capital and credit capacity.

Alteris will operate through four business divisions: Trident Insurance Services, Alteris Public Risk Solutions, Alteris Alternative Risk Solutions, and Alteris Commercial Programs.

Current Trident President Hilbert “Van” Schenck II, will lead the new company.

Source: Argo Group

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