Roberto Tous joins Arch Insurance (EU) dac to expand European distribution strategy
Dublin, 20 June 2024 – Arch Insurance has today announced the appointment of Roberto Tous as Director of Strategy & Distribution for Europe, effective immediately.
Tous joins Arch Insurance (EU) dac (AIEU), which provides specialist property and casualty insurance solutions within the European Union. In this new role, he is responsible for working with Arch’s European underwriting teams to develop strategic broker relationships and strengthen the company’s distribution strategy. He will report to Søren Scheuer, CEO, AIEU and will work closely with Simon Williams, Chief Strategy & Distribution Officer, Arch Insurance International.
Tous brings over 16 years of experience gained across the European insurance market to the position. He joins from Zurich Insurance, where he has held numerous leadership roles within the organisation, including Head of General Liability, Financial Lines and Cyber Risk in Benelux and Financial Lines EMEA Business Development Manager. Prior to this, Tous was a Financial Lines Underwriter at Chubb Insurance Europe.
Commenting on the appointment Scheuer said: “Roberto’s appointment is another important step in the ongoing development of our European underwriting platform, where we see opportunities to expand both geographically and into new lines of business. Working in collaboration with Arch’s teams in Dublin and London as well as our broking partners, Roberto will be a key part of the expansion of our operations across Continental Europe, and we’re delighted to have him on board.”
Williams added: “Roberto is a terrific addition to our expanding European team. His wealth of experience, Europe-wide market knowledge, and track record in building deep broker relationships makes him the perfect fit as we seek to drive further growth across our underwriting portfolio and increase our relevance to our broker partners.”
TAG WORDS
Arch Insurance (EU) dac, Arch Insurance International, Europe, Spain, France, Tous, Williams, Scheuer
EDITOR’S NOTES
About Arch Insurance (EU) dac
Arch Insurance (EU) dac is part of Arch Insurance International and provides comprehensive insurance products including: accident & health, cyber and technology, financial institutions, healthcare, professional liability, property and terrorism across multiple business sectors.
The company is based in Dublin with branch offices in the UK and select EU locations. Arch Insurance (EU) dac is a wholly owned subsidiary of Arch Capital Group Ltd. The company was formed and is authorised by the Central Bank of Ireland to write all classes of business (excluding Class 18).
About Arch Insurance International
Arch Insurance International is part of Arch Capital Group Ltd. and includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Europe, Bermuda and Australia.
About Arch Capital Group Ltd.
Arch Capital Group Ltd., a publicly listed Bermuda exempted company with approximately $22.1 billion in capital at March 31, 2024, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.
Cautionary Note Regarding Forward-looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the Company’s current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.
Forward−looking statements can generally be identified by the use of forward−looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward−looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including pandemics such as COVID-19; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to the Company; a disruption caused by cyber-attacks or other technology breaches or failures on the Company or the Company’s business partners and service providers, which could negatively impact the Company’s business and/or expose the Company to litigation; and other factors identified in our filings with the U.S. Securities and Exchange Commission (“SEC”).
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.
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Source: Arch Insurance (UK) Limited
Media Contacts
Patrick Palmer
Head of Marketing and Communications, Arch Insurance International
M +44 7900 743664
Nigel Allen or Suzanne Hirst
PR agency – Allen & Clapham
M +44 7988 478824 / M +44 7988 140357