Argo Group

Specialized insurance solutions for unique risks

Pembroke, Bermuda

About Argo Group

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, participating in initiatives related to diversity, environmental sustainability, and disaster relief. The company's goal is to foster long-term relationships with clients while promoting an inclusive workplace that supports personal and professional growth.

Pembroke, BermudaHeadquarters
1996Year Founded
$17.9MTotal Funding
IPOCompany Stage
Social Impact, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Paid Caregiver Leave
Paid Parental Leave
Paid Bereavement Leave
Military Leave
Employee Assistance Program (EAP)
Wellness Program
Employee Referral Bonus

Risks

Leadership changes may lead to strategic instability post-Brookfield acquisition.
Talent drain, such as departures to competitors, could impact Argo's operations.
Brookfield's acquisition may shift company priorities and lead to restructuring.

Differentiation

Argo specializes in niche markets with unique risk profiles like construction and marine.
The company offers tailored insurance solutions not typically covered by standard policies.
Argo's commitment to corporate responsibility enhances its reputation and client relationships.

Upsides

Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
The rise of parametric insurance products offers expansion opportunities in niche markets.
AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

Funding

Total raised$17.87 M
Latest valuation$1.10 B
StageIPO
BUYOUT
1/31/2023
$1.1 K
$1.10 B