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Column: Argus & Medical Practices Partnership

Column: Argus & Medical Practices Partnership

[Opinion column written by Peter Lozier & Dr. Basil Wilson] The Argus Group recently took the next step in our plan to deliver a positive impact on Bermuda’s healthcare system, by entering a Better Health Partnership with Island Health Services and the Family Practice Group. While various forms of accountable care or patient-centred clinics have... Read more of this article

Argus Advises BSX Of Shareholdings

Argus Advises BSX Of Shareholdings

In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited has advised the BSX that “a shareholder, Equilibria Capital Management Limited, has acquired a beneficial interest in a sufficient number of securities of the Company, so as to become a holder of more than eleven percent [11%] of the Company’s securities.” “Argus... Read more of this article

BMDA On Argus Acquisition Of Medical Practices

BMDA On Argus Acquisition Of Medical Practices

“Our disappointment was not because of the sale itself, but because Argus stated that one of the reasons for doing it was to help to better the healthcare of the Island,” the Bermuda Medical Doctors Association said, adding that “a statement that says it ‘will benefit all’, but blatantly only benefits a few, is contradictory... Read more of this article

OBA, Argus & Minister On Practice Acquisition

OBA, Argus & Minister On Practice Acquisition

“The acquisition of two medical practices by a major insurance company has raised questions in respect of conflict of interest,” Shadow Health Minister Patricia Gordon-Pamplin said, while Argus said “there is no conflict of interest here; instead, there is an alignment of patient interests.” Shadow Health Minister Patricia Gordon-Pamplin’s... Read more of this article

Argus Acquires Island Health & Family Practice

Argus Acquires Island Health & Family Practice

Saying that it is “part of its strategy to diversify its operations and develop a business model that drives up quality of healthcare while seeking to drive down costs,” Argus Group today announced the “acquisition of primary care medical practices, Island Health Services and the Family Practice Group.” “This investment... Read more of this article

Argus Group Reports Earnings Of $14.2 Million

Argus Group Reports Earnings Of $14.2 Million

Argus Group Holdings Limited has announced net earnings of $14.2 million for the 2020 financial year. A spokesperson said, “Argus Group Holdings Limited today announced net earnings of $14.2 million for the 2020 financial year, which is consistent with the earnings reported in the corresponding period in 2019. “Net equity at March 31, 2020... Read more of this article

Argus To Provide Refunds On Motor Insurance

Argus To Provide Refunds On Motor Insurance

The Argus Group’s car, motorcycle and small business customers will receive a 50% rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims due to the 24-hour Shelter-in-Place, the company announced today. “In addition, customers can choose how they would like to receive their rebate –... Read more of this article

The Argus Group Launches Telenurse Service

The Argus Group Launches Telenurse Service

The Argus Group has launched a telenurse advice hotline for its customers amidst the Covid-19 pandemic. A spokesperson said, “The Argus Group has launched a telenurse advice hotline for their customers while they ‘Shelter in Place’ in response to the COVID-19 pandemic. “This service, available 24 hours a day, seven days a week, provides... Read more of this article

Argus Donate $10,000 In Gift Cards To WRC

Argus Donate $10,000 In Gift Cards To WRC

The Argus Group donated $10,000 of MarketPlace gift cards to the Women’s Resource Centre, with an aim to support families experiencing economic difficulties during the Covid-19 pandemic. Alison Hill, CEO of The Argus Group, said: “Argus recognises that in times of financial crisis, the immediate needs of families are for food. In keeping with our... Read more of this article

Argus Announces Retirement Of Steinhoff

Argus Announces Retirement Of Steinhoff

In a filing with the Bermuda Stock Exchange [BSX], Argus Group Holdings Limited announced retirement as a Director of Mr. Robert David Steinhoff with effect from March 20, 2020. Related StoriesArgus Appoints Simmons As Director Argus Group Reports Net Profit Of $8.2 Million Argus CFO Retires: Dunkerley To Replace Pugh Argus... Read more of this article

Argus Closing Office, Offer Phone/Email Service

Argus Closing Office, Offer Phone/Email Service

The Argus Group today announced it would be closing its offices to walk-in traffic from 5:00 pm on Wednesday, March 18th, 2020 and serving its customers exclusively through phone, email and online services. Alison Hill, CEO of The Argus Group, said: “During this unprecedented time, the health and safety of our staff, our customers and the community... Read more of this article

Argus Group Appoints David Brown As Director

Argus Group Appoints David Brown As Director

In a filing with the Bermuda Stock Exchange [BSX], Argus Group Holdings Limited [Argus Group] announced the appointment as a Director of Mr. David A Brown with effect from February 10, 2020. Related StoriesArgus Announces Retirement Of Steinhoff Argus Appoints Simmons As Director Argus CFO Retires: Dunkerley To Replace Pugh Argus... Read more of this article

AM Best Affirms Credit Ratings Of Argus Group

AM Best Affirms Credit Ratings Of Argus Group

AM Best has affirmed the Financial Strength Rating [FSR] of A- [Excellent] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “a-” of Argus Insurance Company Limited and Bermuda Life Insurance Company Limited. Both companies are subsidiaries of Argus Group Holdings Limited. Concurrently, AM Best has affirmed the Long-Term ICR of Argus Group... Read more of this article