The Kemper Insurance Companies yesterday announced it has reached a definitive agreement to sell the renewal rights to its bundled large risk national accounts to Argonaut Insurance Company, a member of Argonaut Group, Inc., a national underwriter of specialty insurance products in niche areas of the property and casualty market (NASDAQ:AGII).
For the bundled segment of the large risk business, Kemper Risk Management has provided the underwriting and policy issuance portions of the programs along with the claims and safety engineering services.
"This transaction provides Argonaut Insurance...
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