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Argo Group creates professional liability segment

The Argo Group International Holdings, an underwriter of specialty insurance and reinsurance products in the property and casualty market, has consolidated its professional liability insurance underwriting operating units, including colony professional lines business and Insight Insurance Services under the Argo Pro name.

Argo Pro will now be under the leadership of recently promoted president, John Keane, who was previously senior vice president of colony professional lines business.

Argo Pro will conduct business within the Argo Group’s excess-and-surplus lines segment and will be comprised of the allied medical, errors and omissions and environmental divisions. It will continue to write specialty risks on both a non-admitted and admitted basis. The Argo Group has recently acquired Insight Insurance Services, a company engaged in professional liability insurance for accounting professionals, architects, engineers and insurance agents.

Mr Keane said: This strategic move underscores our commitment to serve the professional lines insurance market through expert underwriting and dedicating specialized resources. Our underwriting capabilities now address an entire spectrum of risks from preferred, loss-free risks to distressed and harder-to-place risks.