NEW YORK–(BUSINESS WIRE)–Arch Insurance today announced that Regan Shulman has been promoted to Executive Vice President (EVP), General Counsel of Arch Insurance North America. She succeeds Patrick Nails, who continues in his position as EVP, Chief Claims Officer.
“Regan has been a key contributor to our legal team for nearly a decade and understands the complexities and nuances of leading the legal function at Arch Insurance”
In this role, Shulman will have oversight of all legal functions, including litigation, regulatory and legal support for the U.S. and Canada. She reports to John Mentz, President of Arch Insurance North America and Chief Operating Officer, Arch Worldwide Insurance Group.
“Regan has been a key contributor to our legal team for nearly a decade and understands the complexities and nuances of leading the legal function at Arch Insurance,” said Mentz. “When Pat Nails decided to focus 100% of his time on the Chief Claims Officer role, we knew that Regan would be a great choice to help shape the legal department to meet the future needs of our organization. I’m looking forward to working with her.”
Shulman joined Arch Insurance in June 2012 and has progressed within Arch’s legal team, most recently holding the role of Senior Vice President, Deputy General Counsel. Prior to Arch, Shulman worked for Stroock & Stroock & Lavan as both a Litigation Associate and Special Counsel.
Shulman holds a B.A. in Politics from Brandeis University and a J.D. from Fordham Law School.
“I’m excited about the opportunities ahead of me and the legal group,” Shulman said. “We have a strong team in place and I’m looking forward to helping ensure we successfully support our growing businesses.”
About Arch Insurance North America
Arch Insurance North America, part of Arch Capital Group Ltd., includes Arch’s insurance operations in the United States and Canada.
About Arch Capital Group Ltd.
Arch Capital Group Ltd., a Bermuda-based company with approximately $13.10 billion in capital at March. 31, 2020, 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 our 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 our 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 our ability to maintain and improve our ratings; investment performance; the loss of key personnel; the adequacy of our 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; our ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses we have 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 us of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to us; and other factors identified in our filings with the U.S. Securities and Exchange Commission.
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 our behalf are expressly qualified in their entirety by these cautionary statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Arch Capital Services Inc.