Argo Group Merges Grocers Insurance and Great Central Insurance under New Banner of Argo Select.Merger Positions Argo Argo (är`gō), in Greek mythology, ship in which Jason and the Argonauts sailed in quest of the Golden Fleece. Most legends say that Argus, son of Phrixus, was the builder, with the help of Athena. Select as a Leading Specialist Provider for Specific U.S. Markets. SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- Argo Group International Holdings Ltd., (NasdaqGS: AGII), an international underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. of specialty insurance and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. products in niche areas of the property and casualty market, announced today it has merged its specialty niche insurers, Grocers Insurance and Great Central Insurance, under the brand name Argo Select. Bill Meisen, president of Grocers Insurance, will lead the newly merged division as president of Argo Select. With $180 million in gross written premiums and a distribution network of 220 producers, Argo Select is one of the largest providers of commercial insurance for independent grocers and dry cleaners in the U.S. Argo Select also is a key provider of insurance and risk management services for restaurants, convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , hotels and motels, retail shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , self storage facilities, and religious organizations. "Combining Grocers Insurance and Great Central increases our ability to provide consistent value in our products and services to our producers and clients," said Bill Meisen. "Clients benefit from our enhanced efficiencies and specialty focus and have easy access to an expanded array of resources and professional expertise across the board." Argo Select is part of Argo Group's Commercial Specialty business segment. Argo Select's mission is to partner with select markets to protect and improve their operations through expert risk management solutions and exceptional customer focus. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD. Headquartered in Hamilton Hamilton, city, Bermuda Hamilton, city (1990 est. pop. 3,100), capital of Bermuda, on Bermuda Island. It is a port at the head of Great Sound, a huge lagoon and deepwater harbor protected by coral reefs. , Bermuda, Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, Reinsurance, and International Specialty. Information on Argo Group and its subsidiaries is available at www.argolimited.com. |
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