July 21, 2023

Arch UK Regional Division Announces Senior Promotion and Bolsters Financial Lines Team

Arch promotes Kirsty Blois to Underwriting Manager and appoints three PI underwriters

London, 20 July 2023 — Arch Insurance’s UK Regional Division has announced the promotion of Kirsty Blois to Underwriting Manager, Miscellaneous and Emerging Professional Indemnity (PI).

In her new role, Blois is responsible for managing Arch’s miscellaneous PI book of business and developing its broker relationships. Blois reports to Martin Joyce, Head of Financial Lines, UK Regions.

Before joining Arch in 2022, Blois was a Senior Underwriter for miscellaneous PI at Hiscox and Senior Commercial Account Handler and Team Leader at The Oval Group (now Gallagher).

Arch has also appointed three new underwriting practitioners within its PI team: Hayley Bilas and Timothy Rolph as Development Underwriters, PI, and Joshua Woods as Underwriter, PI.

Bilas joins Arch from Liberty Speciality Markets, where she was most recently a Regional PI Underwriter. Rolph joins from Hiscox, where he was a Development Underwriter for Event Insurance. Woods joins from Travelers, where he was a PI Underwriter.

Commenting on the announcements, Joyce said: “Arch is committed to attracting and developing the best possible underwriting talent within our teams in order to provide exceptional service for our brokers and their customers. Following the recent success of launching several financial lines products, including Miscellaneous PI and D&O, we are keen to build on our considerable market momentum. Kirsty’s well-earned promotion and the appointments of Hayley, Tim and Josh demonstrate our commitment to boosting our market presence and delivering on our broker promise to be collaborative, responsive, and to deliver informed solutions.”

TAGS / KEYWORDS

Arch Insurance, UK Regional Division, insurance, professional indemnity, financial lines, Blois, Joyce, Bilas, Rolph, Woods

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. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $16.7 billion in capital at March 31, 2023. Arch, which is part of the S&P 500 Index, 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 the 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.

Source: Arch Insurance International

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