Specialty re/insurer Argo Group International Holdings has announced that it has become a member and network partner of GBN Worldwide, a global network of re/insurers, independent brokers, and specialty suppliers.
Operating in more than 140 countries, brokers and local insurance companies in the GBN network grant partners mutual market access across regulatory regimes and adhere to shared compliance and service standards.
Argo explained that the partnership would allow it to provide instant and efficient client services around the world, particularly in under-served emerging markets.
The move also supports Argo’s digital strategy and presents significant opportunities for the company to source new business.
“Becoming part of GBN provides us with significant distribution opportunities and extends our global reach in a single step,” said Ewelina Kudla, Head of International Marketing & Producer Management at ArgoGlobal.
“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,” she added.
Jamil Bahou, GBN’s founder and chairman, also commented: “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.”