August 29, 2016 7:56 PM ET

Insurance

Company Overview of Arch Insurance Group Inc.

Company Overview

Arch Insurance Group Inc., through its subsidiaries, provides insurance and reinsurance products. The company offers property, casualty, and specialty insurance for corporations, professional firms, and financial institutions in the United States, Canada, and internationally. Arch Insurance Group Inc. provides accident and health, and lender insurance products. The company serves construction, energy, healthcare, and real estate industries. Arch Insurance Group Inc. distributes and sells its products through licensed and appointed independent retail and wholesale brokers. The company was incorporated in 2004 and is based in New York, New York. The company has additional offices in the United...

One Liberty Plaza

53rd Floor

New York, NY 10006

United States

Founded in 2004

Phone:

212-651-6500

Fax:

212-651-6499

Key Executives for Arch Insurance Group Inc.

Chairman and Chief Executive Officer
Age: 57
President
Age: 49
Chief Financial Officer and Senior Vice President
Chief Administrative Officer and Senior Executive Vice President
Senior Executive Vice President of Excess Workers Comp and Senior Executive Vice President of Casualty
Compensation as of Fiscal Year 2016.

Arch Insurance Group Inc. Key Developments

Arch Insurance Group Names Vincent Kellaher as Senior Vice President

Arch Insurance Group announced that Vincent Kellaher has been named Senior Vice President and will be responsible for the oversight of Arch’s Third Party Administrator managed claims. Mr. Kellaher is an accomplished insurance executive with over 25 years in the insurance industry. Mr. Kellaher joins the organization from Carolina Casualty Insurance where he was the Vice President and Chief Claims Officer.

Arch Insurance Group Inc. Hires Mark Lange as Senior Vice President of P&C Programs

Arch Insurance Group Inc. announced that Mark Lange has been named Senior Vice President of P&C Programs. Mr. Lange will be responsible for managing and growing the P&C Programs business and expanding Arch Insurance Group’s capabilities in the middle market and small commercial areas. Mr. Lange is an accomplished insurance executive who joins Arch from Dowling Capital Partners where he managed private equity portfolio investments and served as a board member for several agents and MGAs.

Arch Insurance Group Hires Shane McCaffrey as Senior Vice President to Head its Defense Base Act Insurance Program

Arch Insurance Group Inc. announced that Shane McCaffrey has been named Senior Vice President and will now head the development of Arch’s Defense Base Act and Foreign Casualty insurance for U.S. based multinationals. Mr. McCaffrey will be based at Arch’s New York City office and will report directly to Rich Stock, Executive Vice President of Arch Insurance Group, who heads Arch’s Construction, National Accounts Casualty and Excess Workers Compensation business units. Mr. McCaffrey is an accomplished insurance executive with nearly 30 years of Foreign Casualty underwriting experience. For the last 10 years, he has focused on Defense Base Act (DBA) coverages, which are a mandatory line of insurance for corporations that receive contracts from the U.S. government to perform work abroad. He will be tasked with providing firms of all sizes that do work abroad a seamless solution that ties together the DBA product with other related products, claims, and medical evacuation coverage capabilities. Mr. McCaffrey joins the organization from Starr Companies. Prior to that he was with American International Group Inc. where he oversaw a diverse portfolio of contractors working overseas for the American government and focused greatly on claims, cross selling, loss control, and underwriting protocols as it relates to DBA.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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