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Argo Insurance Introduces GL Risk Management Program for Grocers

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Posted on 16 Aug 2011

The U.S. grocery and retail specialty division of Argo Insurance, a member of Argo Group International Holdings, Ltd., is pleased to announce the launch of its Large General Liability Deductible and Self-Insured Retention (SIR) Risk Management program. The new program is mutually beneficial for both clients and Argo Insurance: through risk control and exceptional claims management, Argo Group can better manage costs for its clients' general liability program.

The program targets grocery and supermarkets with sound risk management programs and the financial ability to fund retained losses and/or provide collateral.

Argo Insurance President Bill Meisen said, "We are pleased to extend our general liability expertise in risk control and claims management to larger risk managed accounts where we can lower the cost of our clients' general liability risk management programs."

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(R), a state-of-the-art electronic floor monitoring program; grocery-specific Web-based safety training; and loss control services.

More information regarding the program that is offered through one or more licensed insurer of Argo Group can be obtained by contacting Scott Esqueda, AVP, at 800.777.3602, ext 1644, or email sesqueda@argogorupus.com.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.

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, International Specialty and Syndicate 1200. Argo's insurance subsidiaries are A. M. Best-rated 'A' (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo'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 .


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