Arch Insurance North America has announced the appointment of Eric Boquist to the role of Executive Vice President (EVP) for Retail Energy.
Boquist joins Arch from Travelers, where he most recently served as President of the insurer’s Oil & Gas unit in Houston, Texas.
In his new role, he will remain in Houston, leading a newly created business unit focused on the provision of admitted middle market insurance solutions to energy companies in North America.
The team will also bring together Arch specialty products to meet the needs of energy clients and brokers, and will complement the company’s energy offering underwritten in the U.S, Bermuda and London, Arch said.
Boquist will report Rich Stock, Chief Underwriting Officer of Large Account Casualty and Surety, who commented: “Eric brings unparalleled industry knowledge and the experience necessary to forge this role at Arch.”
“Under his leadership, we will continue to enhance our customer and producer value proposition in the energy market by leveraging Arch’s broad suite of specialty line capabilities to expand our product,” Stock continued.
Boquist also stated: “I’m excited to join the Arch team and look forward to leveraging Arch’s capacity and broad capabilities to bring a dynamic range of products and ideas to an industry of critical importance to North America.”
Prior to Travelers, Boquist held a number of senior insurance roles focused on the energy sector in the U.S and European markets, working at companies including ACE Group, Zurich and The Navigators Group.