The latest partnership news from Argyle Insurance;
Argyle Insurance (“Argyle”) and Mitsui Sumitomo Insurance Co., Ltd (“MSI”), a member of MS&AD Insurance Group today announced a multi-year capacity agreement, marking the beginning of a strategic partnership to elevate business insurance solutions for Australian SMEs.
This collaboration will allow Argyle to offer a business insurance package with an extended combined limit up to $7 million, effective from 1 January 2025, – to meet the unique needs of small and medium-sized enterprises in the competitive Australian general insurance market
Anthony Day, Managing Director and Co-Founder of Argyle said: “Mitsui Sumitomo Insurance is a well-respected provider with an excellent reputation. The partnership will enable us to continue to offer an outstanding proposition to our distribution partners and their customers.”
Since its inception in September 2022, Argyle has made strides in delivering contemporary business insurance, working with select brokers partners nationwide. This new partnership is set to empower Argyle’s distribution network with advanced solutions tailored to the evolving needs of Australian SMEs.
“By integrating our technologies in this partnership, we are creating a seamless platform for broker distribution and operations, allowing for faster analysis and improved communication. Together, we are set to drive significant advancements and establish new industry standards, unlocking significant growth opportunities,” commented Tomoyuki Komagome, General Manager of MSI Oceania branch.
“This collaboration underscores our commitment to supporting SMEs in Australia through our intermediated distribution partners,” expressed Matthew Morgan, CEO and Co-Founder of Argyle. “We are very excited to explore all opportunities in the Australian market, as we embark on the next phase of our growth journey alongside MSI.”
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