Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, today announced the rebranding of subsidiary Ariscom to ArgoGlobal Assicurazioni S.p.A. following the recent acquisition by Argo Group in March 2018. As announced in April 2018, Giovanni Tucci serves as Managing Director of the business and reports to Matt Harris, Head of Europe, Middle East and Asia.
“This new branding further unifies the company and reflects Argo’s extensive ambitions for the Italian marketplace,” said Harris. “By aligning our Italian operation with the Argo brand, we will be better able to realize our growth aspirations across continental Europe and leverage the strength of Argo Group to generate new distribution channels.
“ArgoGlobal Assicurazioni S.p.A. provides us with an exceptional platform in one of the continent’s largest and best performing non-life insurance markets. We now have the requisite local infrastructure, team and client network to complement Argo Group’s expertise, product innovation and proven digital solutions, which will enable us to grow first in Italy and then in additional markets in which we have identified longer-term growth opportunities.”
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ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NYSE: ARGO) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo Group’s insurance subsidiaries are A. M. Best-rated ‘A’ (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo Group’s U.S. insurance subsidiaries are Standard and Poor’s-rated ‘A-‘ (Strong) with a stable outlook. More information on Argo Group and its subsidiaries is available at www.argolimited.com.
For media inquiries, please contact:
Argo Group International Holdings, Ltd.
Tel +1 210 366 5613
Peter Rigby, Nick Ravenscroft
Tel +44 (0)20 7562 4444