Interview with: Mark W. Haushill, CFO - featuring: their insurance subsidiaries that offers a full line of high quality products and services designed to meet the unique coverage and claims handling needs of businesses in three primary segments: Excess and Surplus, Select Markets, and Public Entity. |
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| Argonaut Group Inc. (AGII-NASDAQ Global Select) |
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This is a printer friendly page! Argonaut Group is a
national underwriter of specialty insurance products in niche areas of the property and
casualty market using its underwriting and claims expertise to generate a margin on
classes of business believed to be profitable
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“Given our smaller size, it became apparent several years ago that Argonaut Group needed to transition its underwriting strategy to target higher margin market opportunities. That meant diversifying our product portfolio and revenue stream and moving away from the highly competitive business then dominated by the large insurance carriers. Our shift in business strategy coincided with several opportunistic acquisitions that allowed us to pursue underserved markets comprised of small- to medium-size businesses in a number of niche industries. As a result, Argonaut Group now maintains market-leading positions in several niche areas including independent grocery stores, restaurants, dry cleaners, Pennsylvania coalmines and other small businesses. Additionally, our operations today are more nimble, which allow us to react more swiftly to marketplace conditions throughout the cycle and make better decisions about the business we pursue.” - Mark W. Haushill |
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