Colony Specialty, a member of Argo Group International Holdings, Ltd. (NasdaqGS: AGII), announced today that their environmental division is now offering business auto coverage in conjunction with its general liability and pollution coverages.
“As an environmental market dedicated to the wholesale brokerage community, offering business auto coverage is a key addition to our expanding product line,” said Environmental Underwriting SVP Marsh Duncan. “By offering an admitted auto product that includes pollution, we position our brokers to have a greater impact on an insured’s overall insurance program. We have the right people and the right systems to support the underwriting of this specialty coverage.”
Targeted operations include the fleets of environmental contractors and consultants, environmental facilities, restoration contractors, and environmental products manufacturers.
Coverage is available in 46 states, and can include broadened pollution as well as required financial responsibility filings and endorsements. Liability limits are offered up to $1 million, with separate excess policies available for eligible risks requiring higher limits. Other business auto liability coverages offered include uninsured / underinsured motorist, personal injury protection (no fault), and hired and non-owned auto liability. Auto physical damage coverage is also available, as well as rental reimbursement, roadside service and repair, and auto loan / lease gap coverage.
Contact Environmental Underwriting SVP Marsh Duncan at 770.751.5093, or
Colony Specialty is a leading U.S. excess and surplus lines’ carrier, rated “A” (Excellent) by A.M. Best. Authorized as an admitted and non-admitted insurer in 50 states, the District of Columbia and the U.S. Virgin Islands, it provides a market for insurance that covers hard-to-place risks not written by the standard markets. Non-standard risks have unusual underwriting characteristics and can include unique risks where admitted carriers do not offer a filed policy form or rate, or have capacity risks where clients seek a higher level of coverage. For more information about Colony Specialty, go to:
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
ArgoGlobal SE is a member of Argo Group International Holdings, Ltd. (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of 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 Group'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
This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are qualified by the inherent risks and uncertainties surrounding future expectations generally and also may differ materially from actual future experience involving any one or more of such statements. For a more detailed discussion of such risks and uncertainties, see Argo Group's filings with the SEC. The inclusion of a forward-looking statement herein should not be regarded as a representation by Argo Group that Argo Group's objectives will be achieved. Argo Group undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.