Simon Williams named Active Underwriter and David Slade named Deputy Active Underwriter.
London, 5 June 2020 – Arch Insurance International, part of Arch Capital Group Ltd., has today announced the appointment of Simon Williams to the position of Active Underwriter, Syndicate 1955. He will be supported by David Slade who has been confirmed as Deputy Active Underwriter, having held the position when Syndicate 1955 was part of Barbican Insurance Group.
In this role, Williams is responsible for the overall strategic development of Syndicate 1955 focusing on measures to further enhance profitability and strengthen the Syndicate’s market position. This role aligns and combines with his current role as Chief Strategy & Distribution Officer for Arch Insurance International.
Williams is a highly experienced insurance practitioner. He joined Arch Insurance International in 2018 as Senior Vice President, Strategy and Distribution. Prior to this he spent 22 years at Hiscox, most latterly as Divisional Head of Marine and Energy as well as Head of Wordings.
Slade joined Syndicate 1955 in 2013, having previously been Deputy Head of Global Property for Travelers Syndicate. Other roles have included Property Class Underwriter at Catlin Group and Placing Broker at Sedgwick Insurance Brokers.
Commenting on the announcement, Hugh Sturgess, President & Chief Executive Officer, Arch Insurance International, said: “Simon has achieved considerable success since joining Arch. Due to his expansive skill-set and considerable market experience, supported by the extensive resources provided by Arch Capital Group Ltd., I am very confident that he will deliver on the targets that we have set for Syndicate 1955. With David as Deputy Active Underwriter, bringing over 25 years of insurance market experience to the position, we have a formidable level of underwriting talent at the helm of the Syndicate and I have no doubt that it will continue to flourish under their leadership.”
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Arch Insurance International, Arch Syndicate 1955, Active Underwriter, Williams, Slade, Sturgess
TAGS / KEYWORDS
Arch Insurance International, Williams, Sturgess, appointment, strategy
EDITORS NOTES
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 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.
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