Saul becomes Deputy Managing Director and Legal Counsel; three new Underwriting Managers named
Pembroke, Bermuda, 3 April 2024 – Arch Insurance (Bermuda) has today announced the appointment of Robin Saul as Deputy Managing Director and Legal Counsel, as well as three managerial promotions within its underwriting teams, all with immediate effect.
In this role, Saul is now responsible for supporting Matthew Smith, Managing Director of Arch Insurance (Bermuda), in the management of all aspects of the company’s direct insurance operations. Saul joined Arch in 2019 as Head of Claims and Legal Counsel, and she will retain her current responsibilities in addition to her expanded new role. Prior to joining Arch, Saul was Head of Casualty Claims at XL Insurance Bermuda.
Juliette Oatley-Baia and Roger Moniz have both been named Executive Assurance Underwriting Managers. Scott Dunstan has also been named Casualty Underwriting Manager, following the retirement of Michael Costello, who led the division since 2012.
In these roles, Oatley-Baia, Moniz and Dunstan will be responsible for managing all underwriting activities and overseeing the growth of their respective business lines. Saul, Oatley-Baia, Moniz and Dunstan will report to Smith.
Commenting on the announcements, Smith said: “Arch Insurance (Bermuda) has exceptional talent throughout our team as evidenced by these promotions. Robin will play a central role in our efforts to continue growing the business and further enhance our overall market proposition, while Juliette, Roger and Scott will ensure we continue to deliver best-in-class solutions and high-quality service to our brokers and clients. I would also like to express our huge gratitude to Michael for his incredible dedication to the success of the Casualty division over the last 12 years. We wish him all the very best in his retirement.”
TAG WORDS
Arch Insurance (Bermuda), appointment, Robin Saul, Matthew Smith, Juliette Oatley-Baia, Roger Moniz, Scott Dunstan, Michael Costello, executive assurance, casualty
EDITOR’S NOTES
About Arch Insurance (Bermuda)
Arch Insurance (Bermuda) provides Specialty Casualty, Executive Assurance and Professional Liability insurance on an excess basis for large commercial and financial companies and service firms worldwide.
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 $21.1 billion in capital at Dec. 31, 2023, 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