Is Argonaut Insurance a Good Company?
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Asked December 3, 2012
Argonaut Insurance is the primary insurance sales division of the Argo Insurance Group, a specialty insurance and reinsurance company founded in the United States. The company began in California and Texas, operating for many years as the Argo Group, and kept the name as it expanded into international markets, where the Argo Group continues to be the holding company which backs up Argonaut Insurance and other acquisitions such as Rockwood, Colony and other insurance companies.
The A.M. Best Company rates the Argo Group as "A (excellent)," and estimates the company value at around 1.25 billion dollars. The company has a long term outlook of "a (stable)," meaning that the company is not expected to have any significant financial changes, but still has room for continued financial improvement.
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The Argo Group uses customer satisfaction as a tool for enhanced growth, relying in part on the satisfaction of their customers to draw in more customers. Distributed through dedicated agents and an interactive website, Argo insurance products can be perused or purchased around the clock or through knowledgeable agents in one of their distribution outlets around the country or the globe.
Argonaut Insurance and its sister companies are in business throughout the United States and other countries. The Argo Insurance Group has moved its primary offices from San Antonio, Texas to Bermuda, and offers reinsurance products through the Swiss-based Argo Re company brand.
Insurance Products Offered
Argonaut Insurance is focused on liability insurance products for both commercial and individual markets. Lines of coverage available from the company include casualty & liability insurance, property coverage, professional insurance and specialty lines. The company does not offer auto or home coverages, per se, but does offer casualty and liability coverages, including umbrella liability.
Answered December 3, 2012 by Anonymous