Argo Group rebrands Italian subsidiary Ariscom
Bermuda specialty re/insurer Argo Group International Holdings has rebranded its subsidiary Ariscom to ArgoGlobal Assicurazioni. Giovanni Tucci, who joined the business from Intesa Sanpaolo Assicura in April, will remain the managing director of the business.
Argo acquired the Italian specialty insurer Ariscom in March 2018 to expand its presence across Europe.
Matt Harris, head of Europe, Middle East and Asia, said: “This new branding further unifies the company and reflects Argo’s extensive ambitions for the Italian marketplace. By aligning our Italian operation with the Argo brand, we will be better able to realize our growth aspirations across continental Europe and leverage the strength of Argo Group to generate new distribution channels.
Harris added: “ArgoGlobal Assicurazioni provides us with an exceptional platform in one of the continent’s largest and best performing non-life insurance markets. We now have the requisite local infrastructure, team and client network to complement Argo Group’s expertise, product innovation and proven digital solutions, which will enable us to grow first in Italy and then in additional markets in which we have identified longer-term growth opportunities.”
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