The firm acquired Front Royal, Inc.[8] (along with its subsidiaries Colony and Rockwood), an insurance holding company headquartered in Morrisville, North Carolina, for $165 million in cash.
In 2005 they acquired the renewal rights to business formerly written by Interstate Insurance Group, subsidiaries of Fireman’s Fund.
In May, Argo Group acquired Heritage and its Lloyd’s syndicate for $272 million in order to create a broader underwriting platform with extended geographic capability.
[23] In 2010, the company paid out $25 million in claims to everyone present at the Deepwater Horizon oil spill in the Gulf of Mexico.
In 2012, Argo Seguros, which specializes in property and casualty underwriting, opened in São Paulo, Brazil.
In 2017, the company paid a claim to Disney, who had bought insurance against the possibility that actress Carrie Fisher would die before filming Star Wars: The Rise of Skywalker.
Following the announcement, Argo Group’s board of directors named CFO Kevin Rehnberg interim CEO.
[29] In August 2023, following the completion of Brookfield Re's acquisition of Argo Group, Jessica (Snyder) Buss was named as CEO, replacing Thomas Bradley.
The company offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses.
[32] Through its Lloyd’s Syndicate 1200 platform, ArgoGlobal is focused on U.S. non-admitted and global specialty risks and reinsurance to close (RITC) transactions.
[39] A volunteer program allows Argo employees to donate their time to non-profit organizations and participate each year in local fundraising events.