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Trident Insurance Announces New Carrier for Waste Insurance Program

Thu. December 04, 2008; Posted: 08:07 AM
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SAN ANTONIO, Dec 04, 2008 (BUSINESS WIRE) -- AGII | Quote | Chart | News | PowerRating -- Trident Insurance Services, LLC, a wholly owned subsidiary of Argo Group International Holdings Ltd. (NasdaqGS: AGII), announced today that American Alternative Insurance Corporation (AAIC), a subsidiary of Munich Re America Corporation and an affiliate of Munich Reinsurance America Inc, is now a carrier for Trident's Waste Insurance Program. With the addition of AAIC as a carrier, Trident is now able to extend its program availability to most U.S. states and the District of Columbia and to offer new and expanded coverages.

The Waste Insurance Program, managed by 20-year industry veteran Marcia A. Brown, provides property and casualty coverage for most types of non-hazardous waste service activities for independently owned and operated waste haulers and recycling operations in the residential and commercial markets. Through top-rated AAIC, Trident will now be able to offer new coverages such as umbrella and rental reimbursement on auto; higher limits on existing coverages; in-house risk control services; and significantly decreased quote turnaround time.

Trident President Hilbert "Van" Schenck II said, "We are thrilled to be able to partner with AAIC on this program. With the expansion in products and services, as well as increased autonomy, Trident now has even greater capability to offer the resources and flexibility our agents -- and their clients -- require."

"The partnership of AAIC and Trident came about naturally because both companies have experience and expertise in providing insurance for the waste industry that spans more than 20 years," said Bill Virgilio, vice president of AAIC's Specialty Markets division. "Our clients recognize that experience level and I am confident that the partnership between both companies will provide a superior product to the waste and recycle haulers throughout the country."

Trident's Waste Insurance Program began to issue quotes for AAIC as of Dec. 1 for policies effective Jan. 1, 2009. AAIC is Rated A+, XV (Superior) by A.M. Best Company and AA- (Very Strong) from Standard & Poor's.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD:

Headquartered in Hamilton, Bermuda, Argo Group International Holdings, Ltd. (NasdaqGS: AGII | Quote | Chart | News | PowerRating) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Reinsurance. Information on Argo Group and its subsidiaries is available at www.argolimited.com.

ABOUT TRIDENT INSURANCE SERVICES, LLC:

Trident Insurance Services, LLC, is a wholly-owned operating subsidiary of Argo Group International Holdings Ltd. For more information about Trident, please visit the company's Web site at www.tridentinsurance.net.

SOURCE: Argo Group International Holdings, Ltd.

Trident Insurance Services, LLC Teri Speece, 877-474-8808 Marketing Manager tspeece@tridentinsurance.net

For full details on Argo Group International Holdings Limited (AGII) click here. Argo Group International Holdings Limited (AGII) has Short Term PowerRatings of 7. Details on Argo Group International Holdings Limited (AGII) Short Term PowerRatings is available at This Link.

    


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