Reinsurance News

Arch

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 secures $341m of mortgage reinsurance from capital markets

15th March 2019

Arch Mortgage Insurance Company (Arch MI), the US mortgage insurance arm of Arch Capital Group, has obtained $341 million of indemnity reinsurance, on a pool representing roughly $23 billion of mortgages, from special purpose reinsurer Bellmeade Re 2019-1 Ltd. This is Arch’s first 2019 ILS transaction, its most recent being a ... 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 Insurance to acquire New York insurer McNeil & Co.

6th November 2018

Arch Capital Group has today announced an agreement to acquire McNeil & Company, a specialised risk management and insurance firm headquartered in Cortland, New York. Post-acquisition, McNeil will operate independently, supporting Arch Insurance’s program division. “McNeil is a great fit for Arch and solidifies a program relationship that dates back to Arch’s ... Read the full article

Arch acquires commercial MGA businesses from Ardonagh for £31m

1st November 2018

Arch Insurance Europe has acquired a series of Ardonagh Group-owned Commercial MGA businesses for a consideration of up to £31 million. The agreement, which is conditional upon performance criteria, will see Arista, Fusion, Towergate Personal Accident and Travel and Towergate Commercial MGA transferred to Arch along with approximately 250 employees from ... Read the full article

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