Reinsurance News

Arch Insurance Group

Arch reveals Brexit plan changes, expands remit of Arch Insurance EU

29th March 2019

Arch Insurance International and Arch MI have announced some changes to their EU operations as part of their Brexit plan, including that Arch Insurance (EU) dac (formerly Arch Mortgage Insurance dac) has been authorised by the Central Bank of Ireland to expand the classes of business it writes in the ... Read the full article

Arch Insurance International invests in personal lines MGA Archipelago

19th March 2019

Arch Insurance International has announced an investment in Archipelago Risk Services Limited, a tech-driven managing general agency (MGA) backed by underwriting capacity from Arch Insurance (UK) Limited. The Archipelago platform is a trading system that supports personal lines business by helping distribution partners grow and manage their client accounts through automation ... Read the full article

Arch Insurance appoints Eric Boquist as EVP for Retail Energy

30th January 2019

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 ... Read the full article

Arch completes acquisition of Ardonagh’s UK commercial lines business

2nd January 2019

Arch Insurance Europe has completed its' acquisition of the UK commercial lines business owned by The Ardonagh Group, and part of its Geo Underwriting operating segment. The acquired business generated more than £150 million of Gross Written Premium in 2017 and will become the newly-formed Arch UK Regional Division, focused on ... Read the full article

Arch Insurance names Hugh Sturgess as CEO of International business

21st November 2018

Arch Insurance has named Hugh Sturgess as Chief Executive Officer (CEO) of Arch Insurance International and appointed Gale Lockbaum and Jean-Pierre Galipeault to senior roles within its Canada business. Sturgess has been with Arch Insurance since 2005 and is currently President and CEO of Arch Insurance Canada, where he is responsible ... Read the full article

Arch Insurance announces string of key leadership changes

19th October 2018

Arch Insurance has announced the appointment of Matt Shulman as Chief Executive Officer of North America, a newly-created role that will see him lead the company’s U.S and Canada operations from 1 January 2019. Shulman brings over 20 years’ experience to the role and will report to Nicolas Papadopoulo, Chairman and ... Read the full article

Arch Insurance grows Travel business division with new hires

30th June 2017

Insurance and reinsurance provider, Arch Capital Group Ltd.'s subsidiary, Arch Insurance Group, Inc., has bolstered its Travel business division with a number of new appointments, effective June 5th, 2017. Both Cory Sobczyk and Dan Povondra have joined Arch as Vice Presidents of Business Development, while Lynn Barty has joined the firm ... Read the full article