Argo Group joins GBN re/insurance network to extend global reach
Bermuda-based Argo Group International Holdings, an underwriter of specialty insurance and reinsurance products, has become a member and network partner of GBN Worldwide.
GBN is a global network of re/insurers, independent brokers and specialty suppliers, which operates in more than 140 countries. They grant partners mutual market access across regulatory regimes and adhere to shared compliance and service standards.
Ago said the move is a part of its digital strategy and presents opportunities for the company to source new business.
The re/insurer explained that the partnership will enable it to provide instant and efficient client services around the world, especially in under-served emerging markets.
Through the Connect Marketplace platform, a Lloyd’s-recognised electronic placement system, GBN members are able to transact specialty business from every region.
Ewelina Kudla, head of international marketing & producer management at ArgoGlobal, said: “Becoming part of GBN provides us with significant distribution opportunities and extends our global reach in a single step. Connect Marketplace, a Lloyd’s-recognized digital placing platform, gives us an unparalleled virtual presence around the world, which will benefit our existing and prospective clients.”
Jamil Bahou, GBN’s founder and chairman, added: “I am extremely pleased to welcome Argo as a member of GBN Worldwide at a global level. We have a shared vision when it comes to digital distribution, and through their interaction with GBN Members and their virtual presence on the Connect Marketplace platform, we can help them grow their distribution with access to low-limit, high-volume specialty business, not typically seen in the Lloyd’s and London markets.”
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