Specialty underwriter Argo Surety, part of re/insurer Argo Group, has announced a new and increased treasury listing capacity providing the firm with the ability to consider single bonds up to $100 million.
Argo Surety has also expanded its appetite to support eligible customers for an aggregate surety bond program of up to $300 million.
“Argo Surety’s success is based on the sheer talent of our underwriters and their ability to connect with distribution partners to identify profitable business,” said Joshua Betz, president, Argo Surety.
In addition, the firm has revealed a number of senior leadership changes.
Amanda Weiss has been promoted to Vice President, national underwriting officer and distribution strategy; Tara Quigley transitions to a role in Argo Pro, the company’s US professional lines business.
Kyle Davis is promoted to Vice President, field management; Bobby Bang is hired as Director of strategic operations; Steve Parnas is hired as Vice President, Contract, eastern region; and Michelle Stukey has been promoted to underwriting Director.
Chris Raines has been promoted to underwriting Director, Contract, central region; Chris Bolla is promoted to Assistant Vice President, Commercial, west region; Mark Noonan is promoted to Assistant Vice President, Commercial, southeast region; and Christine Marchetti joins as Assistant Vice President, Commercial, northeast region
“Our expanded appetite and our growing team is a direct response to the feedback we’re receiving from distribution partners.” added Betz.
“There’s increasing demand in the marketplace, and we’re positioned well to fulfill it.”