An update on ARGIS Insurance

For more than five years, ARGIS has partnered with HDI Global Specialty SE – Australia (‘HDI Global Specialty’) to offer brokers a comprehensive farm insurance product specifically designed to cover the farming needs of primary producers in Australia. As the agreement approaches the expiry, it has been agreed that HDI Global Specialty will no longer continue to underwrite the ARGIS Farm Extra Insurance product.

Steadfast Underwriting Agencies is committed to supporting the agricultural sector and is working to establish a new underwriting arrangement focused on providing strong client outcomes, whilst enabling our future growth aspirations for ARGIS.

As a result, ARGIS will cease to offer new business and renewal terms on the ARGIS Farm Extra Insurance product effective from 1 April 2023, whilst a new underwriting arrangement is established. ARGIS will relaunch its farm insurance product once a suitable arrangement is formed.

There is no immediate impact to staff at this stage and the ARGIS underwriting team will continue to service its existing portfolio. Claims will continue to be dealt with in the current manner.

Notice of non-renewal, along with a claims history, will be sent five to six weeks before each policy’s expiry date.

We will continue to update our intermediary partners of developments as we have information to share.

We thank you for your ongoing support of ARGIS and rest assured, we are working hard to ensure ARGIS continues to support you and your clients.

If you have any questions, please contact us on 1300 794 364 or email at argis@argis.com.au.