ARTEMIS RACING ANNOUNCES PARTNERSHIP WITH ARGO GROUP
Bermuda, April 18th, 2016 - Artemis Racing has entered into a sponsorship agreement with Argo Group, an international underwriter of specialty insurance products in the property and casualty market. The agreement welcomes Argo Group as an Official Partner of the team, with its logo to adorn Artemis Racing America’s Cup boats and team clothing at events from the New York Louis Vuitton America’s Cup World Series onwards (May 7–8, 2016).
Under the agreement, Argo Group is also the Official Insurance Partner of Artemis Racing. Argo Group CEO Mark E. Watson III, commented: “Our shared values of innovation, teamwork, courage and commitment make Artemis Racing and Argo Group an ideal match. I’m proud to partner with a team resolved to excel in these prestigious events while deeply respecting the environment. This respect is on full display at their impressive base at Morgan’s Point, a high-tech centre thoughtfully designed to minimize strain on the island’s natural resources. We are excited to work with Artemis Racing and particularly pleased to be involved in a series that will see the best sailors in the world compete right here in Bermuda during the 35th America’s Cup.”
Team Manager of Artemis Racing, Iain Percy, said, “It’s fantastic to have Mark and his team join our challenge to win the oldest trophy in international sport. Argo Group has a proud maritime heritage, and the company’s values and ambition very much match our own. Announcing this sponsorship after opening our new base, and beginning two-boat testing here in Bermuda, gives us great momentum at the start of this incredibly important year.”
2016 will see Artemis Racing compete in Louis Vuitton America’s Cup World Series events in New York, Chicago, Portsmouth and Toulon, as well as continue its important development work being undertaken behind closed doors at the team’s bases in Bermuda and California.
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD
Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Argo Group's insurance subsidiaries are A. M. Best-rated 'A' (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo's U.S. insurance subsidiaries are Standard and Poor's-rated 'A-' (Strong) with a stable outlook. More information on Argo Group and its subsidiaries is available at www.argolimited.com.
