MS&AD Insurance Group Asia on behalf of Mitsui Sumitomo Insurance announced new partnership with Agryle Insurance, a digital underwriting agency, to elevate business insurance solutions for Australian SMEs. This collaboration will allow us to better meet the unique needs of small and medium-sized enterprises in the competitive Australian nsurance market.
New partnership will provide enhanced business insurance solutions for Australian SMEs, starting January 1, 2025. Argyle will be able to offer an expanded insurance package with a combined limit of up to $7 mn, tailored to the needs of the competitive Australian market.
Anthony Day, Managing Director and Co-Founder of Argyle, highlighted the importance of this alliance, praising MSI’s reputation and emphasizing the benefits this collaboration will bring to distribution partners and clients.
Argyle has rapidly developed a strong presence since its launch in September 2022, collaborating with brokers across the country to offer innovative business insurance solutions.
Tomoyuki Komagome, General Manager of MSI’s Oceania branch, noted the technological integration between Argyle and MSI. He explained that the collaboration will streamline broker operations, improve data analysis, and enhance communication. The aim is to set new industry benchmarks and capitalize on emerging growth opportunities.
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
Tomoyuki Komagome, General Manager of MSI Oceania branch
“This collaboration underscores our commitment to supporting SMEs in Australia through our intermediated distribution partners,” says Matthew Morgan, CEO and Co-Founder of Argyle. “We are excited to explore all opportunities in the Australian market, as we embark on the next phase of our growth journey alongside MSI.”
Argyle operates as a fully digital underwriting agency, leveraging advanced technology to adapt to evolving insurance needs. It prioritizes innovation, with a vision to connect brokers and clients seamlessly.
By using the latest pricing models and risk assessment tools, Argyle makes transactions efficient and enhances ongoing broker-client engagement. The company’s insurance offerings cover over 600 occupations, providing comprehensive, up-to-date coverage designed for SMEs.
