April 20, 2021 | Insurance Insights

Arch Insurance UK Regional Division Announces Key Promotions

Neil Peters and Vicky Rowlay promoted to National Directors.

Arch Insurance’s UK Regional Division (Arch or the Company) has today announced, with immediate effect, the promotions of Vicky Rowlay to National Director – Business Transformation and Neil Peters to National Director – Branch Network.

Rowlay will focus on developing and implementing key business strategies, including overseeing a new Speed-to-Market initiative as well as assuming responsibility for the Company’s Regional Trading and Online Underwriting teams. Peters will focus on driving business production and heightening broker engagement levels across the Branch network. In these newly created roles, Peters and Rowlay will work closely together and report to Steve Bashford, CEO, UK Regional Division.

Rowlay was previously Regional Director for the North of the UK, having joined the UK Regional Division following its launch. Previously, she was Regional Director – North West at Fusion Insurance Services. Peters was previously Regional Director for the South of the UK having also joined Arch with the launch of the UK Regional Division in 2019.  Prior to this he was Managing Director, London at Towergate Insurance.

Rowlay and Peters will both join the Arch Insurance’s UK Regional Division Executive Committee alongside Bashford, Mike Bottle, who is head of the UK Regional Strategy and Distribution team, and Stuart Danskin, UK Regional Director of Underwriting.

Commenting on the announcement, Bashford said: “The promotions of Vicky and Neil to national roles are important to our continuing evolution and add further impetus to our growth strategy.  As National Directors with responsibilities across our entire UK Regional business, they will be charged with developing new opportunities to deliver class-leading solutions to our broking partners and maximise long-term profitable, sustainable growth across the Division.”

TAGS / KEYWORDS

Arch Insurance UK Regional Division, arch-insurance, Peters, Rowlay, Bashford, Bottle, Danskin

EDITOR’S NOTES

About Arch Insurance (UK) Limited.

Arch Insurance (UK) Limited is part of Arch Insurance International and provides specialised commercial property, casualty, motor, professional liability, personal accident and travel insurance solutions through its extended office network across the UK.

Arch Insurance (UK) Limited is authorised and regulated by the Prudential Regulation Authority and regulated by the Financial Conduct Authority.

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 $15.8 billion in capital at Dec. 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 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; the Company’s ability to successfully integrate, establish and maintain operating procedures as well as consummate acquisitions and 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 the Company’s gross and net exposures; the failure of others to meet their obligations to the Company; changes in the method for determining the London Inter-bank Offered Rate (“LIBOR”) and the potential replacement of LIBOR and other factors identified in the Company’s 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 our 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.

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