The proximity of a partner,
the strength of its network
The proximity of a partner, the strength of its network
Argon Underwriting is your trusted partner for the placement of your risks in France, Belgium and Luxembourg.
Partner insurers
rated A
About us
Your specialist partner
in surety
Your specialist partner in surety
Argon Underwriting is a Managing General Agent (MGA) specialised in surety.
We act on behalf of insurance companies that have mandated us to underwrite and manage risks in their name.
Our expertise is exclusively focused on surety products.
Based in Paris, with a presence in London, we operate strictly through wholesale and specialised brokers in France, Belgium and Luxembourg.
Our partners
A relationship built on trust
Our values
At the heart of our commitment
Responsiveness
Your clients’ satisfaction depends on your ability to respond quickly.
We are committed to providing clear and rapid decisions to help you maintain a high level of service.
Creativity
Our role is not limited to ticking boxes.
We seek the best structure to make your risk eligible and covered, even in complex situations.
Rigor
We act on behalf of our partner insurers.
This responsibility requires precision and high standards, which we apply at every stage of underwriting and risk management.
Available
products
Products in
development
A-rated partner
insurers
Presence
in 3 countries
Underwriting
capacity
Projects covered
up to €10M
Available products
Products in development
A-rated partner insurers
Presence in 3 countries
Underwriting capacity
Projects covered up to €10M
Our products
Expertise dedicated to your clients
Available guarantees
Completion Bond (GFA) – France
The GFA is a legal and financial commitment by a third party (bank, mutual guarantee company, etc.) ensuring the funds required to complete a real estate development if the developer defaults.
It is required for off-plan sales (VEFA), Renovation Real Estate Sales (VIR), land development (GFA VRD) and under Real Estate Development Contracts (CPI).
Completion Bond – Breyne Law (Belgium)
Provided under the Belgian Breyne Law (9 July 1971), this guarantee ensures that a third-party guarantor will provide all necessary funds to complete both the private and common areas of the project.
Completion Bond – Luxembourg
The Luxembourg GFA is a banking-type guarantee protecting the buyer of a property sold off-plan—who pays instalments as construction progresses—against the risk of non-completion due to the developer.
The completion guarantee enables the buyer to have the works completed without bearing additional costs, whereas the refund guarantee ensures reimbursement of payments in case of termination for non-completion.
Payment Guarantee for Contractors (GPE)
The GPE is a mandatory legal guarantee under Article 1799-1 of the French Civil Code, requiring the project owner, for any construction contract exceeding €12,000, to provide a guarantee to contractors for the payment of the contract price.
Deposit Bond (CII)
The CII is a surety issued by a financial institution or insurer on behalf of a property buyer, replacing the immobilisation indemnity normally paid to the seller during the reservation period linked to a preliminary sales agreement.
Upcoming products
Fiscal surety bond
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GPE
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Our products
Expertise dedicated to your clients
Available guarantees
Completion Bond (GFA) – France
The GFA is a legal and financial commitment by a third party (bank, mutual guarantee company, etc.) ensuring the funds required to complete a real estate development if the developer defaults.
It is required for off-plan sales (VEFA), Renovation Real Estate Sales (VIR), land development (GFA VRD) and under Real Estate Development Contracts (CPI).
Completion Bond – Breyne Law (Belgium)
Provided under the Belgian Breyne Law (9 July 1971), this guarantee ensures that a third-party guarantor will provide all necessary funds to complete both the private and common areas of the project.
Completion Bond – Luxembourg
The Luxembourg GFA is a banking-type guarantee protecting the buyer of a property sold off-plan—who pays instalments as construction progresses—against the risk of non-completion due to the developer.
The completion guarantee enables the buyer to have the works completed without bearing additional costs, whereas the refund guarantee ensures reimbursement of payments in case of termination for non-completion.
Payment Guarantee for Contractors (GPE)
The GPE is a mandatory legal guarantee under Article 1799-1 of the French Civil Code, requiring the project owner, for any construction contract exceeding €12,000, to provide a guarantee to contractors for the payment of the contract price.
Deposit Bond (CII)
The CII is a surety issued by a financial institution or insurer on behalf of a property buyer, replacing the immobilisation indemnity normally paid to the seller during the reservation period linked to a preliminary sales agreement.
Upcoming products
Fiscal surety bond
Lorem ipsum dolor sit amet, consectetur adipiscing elit,
Prévue dans le cadre de la loi Breyne (loi du 9 juillet 1971), la GFA procure aux acquéreurs du programme immobilier l’assurance qu’un tiers garant apportera toutes les sommes nécessaires permettant l’achèvement des parties privatives et communes de l’ouvrage.