Westfield acquires renewal rights to Argo shared and layered property book
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Westfield acquires renewal rights to Argo shared and layered property book

Argo and Westfield logos.jpg

Argo is exiting its property shared and layered business, after the company agreed to sell renewal rights on the portfolio to excess and surplus lines start-up Westfield Specialty.

Terms of the acquisition were not disclosed.

As part of the transaction, several members of Argo’s US specialty property team will have the option to join Westfield.

The

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