Heritage Underwriting Agency plc

Heritage Underwriting Agency Plc (Heritage) is a subsidiary of Argo Group International Holdings, Ltd. The company is an independent insurance company engaged in underwriting non-life insurance solutions. It is broker oriented business with an good track record in underwriting worldwide general commercial lines such as property, property binding authorities, transportation, fine art, general liability, professional indemnity, financial institutions and personal accident. It operates in two major divisions, Property and Liability. Its principal activity is to operate through its management and underwriting participation in the worldwide property unit and the non U.S liability unit. The company is headquartered in London, the U.K.

The company recorded revenues of £162.3 million during the fiscal year ended December 2007, an increase of 71.7% over 2006. The operating profit of the company was £28.6 million during the fiscal year 2007, an increase of 111.9% over 2006. The net profit of the company was £17.0 million during the fiscal year 2007, an increase of 136.1% over 2006.