TheU.S. grocery and retail specialty division of Argo Insurance, a member of Argo Group International Holdings, Ltd. has launched a large general liability deductible and self-insured retention (SIR) risk management program.
The program targets grocery and supermarkets with risk management programs and the financial ability to fund retained losses and/or provide collateral.
Argo Insurance will provide access to quality claims services within a store’s deductible or on a self-insured retention basis, and will offer a broad range of deductible and SIR programs from $25,000 to $250,000. The program highlights include paid loss deductible; limits of $1 million per occurrence / $5 million aggregate; admitted coverage and ISO based product; no minimum loss pick and no minimum premium limit; bundled claim service; and in addition, offers Gleason ESP, an electronic floor monitoring program; grocery-specific Web-based safety training; and loss control services.
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